Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Short Interest Update

by · The Cerbat Gem

Mawson Infrastructure Group Inc. (NASDAQ:MIGIGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 236,300 shares, a drop of 26.3% from the February 13th total of 320,700 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 2,080,000 shares, the short-interest ratio is presently 0.1 days.

Mawson Infrastructure Group Stock Up 4.6 %

Shares of Mawson Infrastructure Group stock traded up $0.02 during midday trading on Friday, hitting $0.52. The company’s stock had a trading volume of 89,467 shares, compared to its average volume of 913,268. The firm has a market capitalization of $9.79 million, a P/E ratio of -0.17 and a beta of 3.65. The stock has a 50-day simple moving average of $0.71 and a 200-day simple moving average of $1.15. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.09. Mawson Infrastructure Group has a 1-year low of $0.44 and a 1-year high of $2.45.

Institutional Trading of Mawson Infrastructure Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC acquired a new stake in shares of Mawson Infrastructure Group in the fourth quarter worth $161,000. Virtu Financial LLC raised its holdings in shares of Mawson Infrastructure Group by 150.2% during the fourth quarter. Virtu Financial LLC now owns 38,105 shares of the company’s stock worth $32,000 after acquiring an additional 22,873 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Mawson Infrastructure Group by 305.5% during the third quarter. Jane Street Group LLC now owns 67,619 shares of the company’s stock worth $84,000 after acquiring an additional 50,945 shares in the last quarter. Institutional investors and hedge funds own 6.86% of the company’s stock.

About Mawson Infrastructure Group

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Mawson Infrastructure Group Inc develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities.

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