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

by · The Cerbat Gem

Mawson Infrastructure Group Inc. (NASDAQ:MIGI – Get 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

(Get Free Report)

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.

Featured Articles