Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Short Interest Update

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKLGet Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 32,900 shares, a growth of 22.8% from the March 31st total of 26,800 shares. Based on an average trading volume of 15,400 shares, the short-interest ratio is presently 2.1 days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Performance

Shares of NASDAQ ARBKL traded down $0.10 during mid-day trading on Tuesday, reaching $8.10. 3,544 shares of the company traded hands, compared to its average volume of 15,076. The company’s fifty day moving average is $8.76 and its two-hundred day moving average is $8.83. Argo Blockchain plc 8.75% Senior Notes due 2026 has a fifty-two week low of $5.24 and a fifty-two week high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be issued a $2.1875 dividend. This represents a $8.75 annualized dividend and a yield of 108.02%. The ex-dividend date is Friday, April 12th. This is an increase from Argo Blockchain plc 8.75% Senior Notes due 2026’s previous quarterly dividend of $0.55.

Argo Blockchain plc 8.75% Senior Notes due 2026 Company Profile

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