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MGT Capital Investments, Inc. (OTCMKTS:MGTI) Short Interest Down 87.3% in December

Financial News Live ·  Dec 29, 2022 20:51

MGT Capital Investments, Inc. (OTCMKTS:MGTI – Get Rating) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,000 shares, a decline of 87.3% from the November 30th total of 7,900 shares. Based on an average daily trading volume, of 1,644,400 shares, the short-interest ratio is presently 0.0 days.

MGT Capital Investments Stock Performance

Shares of MGTI remained flat at $0.00 during mid-day trading on Thursday. The stock had a trading volume of 9,613,714 shares, compared to its average volume of 2,190,032. The firm's 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.01. MGT Capital Investments has a 52 week low of $0.00 and a 52 week high of $0.03.

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About MGT Capital Investments

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MGT Capital Investments, Inc, a cryptocurrency mining company, mines and sells bitcoins. As of March 31, 2022, the Company owned 430 Antminer S17 pro bitcoin miners, as well as 35 Antminer S19 pro miners. It also leases space to other bitcoin miners; and provides hosting services for owners of mining equipment.

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