Posted by admin on Jun 15th, 2022
HIVE Blockchain Technologies Ltd. (NASDAQ:HIVE – Get Rating) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 6,650,000 shares, an increase of 43.9% from the May 15th total of 4,620,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the short-interest ratio is currently 4.5 days.
Shares of NASDAQ HIVE opened at $3.02 on Wednesday. The firm’s 50-day moving average price is $2.20 and its 200-day moving average price is $2.27. HIVE Blockchain Technologies has a 1-year low of $2.82 and a 1-year high of $28.00. The firm has a market capitalization of $248.37 million and a P/E ratio of 1.51. The company has a current ratio of 17.47, a quick ratio of 17.47 and a debt-to-equity ratio of 0.09.
About HIVE Blockchain Technologies (Get Rating)
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd.
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