Bgin Blockchain Limited (NASDAQ:BGIN – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 21,595 shares, a drop of 42.8% from the May 31st total of 37,753 shares. Based on an average daily trading volume, of 13,785 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.0% of the shares of the company are sold short.
Institutional Trading of Bgin Blockchain
A hedge fund recently bought a new position in Bgin Blockchain stock. XTX Topco Ltd bought a new position in shares of Bgin Blockchain Limited (NASDAQ:BGIN – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,333 shares of the company’s stock, valued at approximately $31,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Bgin Blockchain in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.
Bgin Blockchain Stock Performance
Shares of BGIN traded up $0.07 during trading hours on Wednesday, hitting $1.83. 407 shares of the company were exchanged, compared to its average volume of 16,954. Bgin Blockchain has a fifty-two week low of $1.75 and a fifty-two week high of $6.50. The firm’s fifty day moving average is $3.00 and its 200 day moving average is $2.96.
Bgin Blockchain (NASDAQ:BGIN – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The company reported $999.00 EPS for the quarter.
Bgin Blockchain Company Profile
Through our operating subsidiaries, we are a digital asset technology company based in Singapore, Hong Kong and the U.S. with proprietary cryptocurrency-mining technologies. We were established as a cryptocurrency mining business in 2019. Given our limited financial resources at the time, we decided to focus on selected alternative cryptocurrencies as it was more cost effective. We leveraged our in-house technical expertise to design the software and the chips that could efficiently mine different types of cryptocurrencies that we focused on.
Featured Stories
- Five stocks we like better than Bgin Blockchain
- Hershey Stock May Be Near a Sweet Spot as Cocoa Pressure Eases
- Comcast’s NBCUniversal Split Puts Broadband Back in Focus
- 3 European Stocks to Carry Investors Through the Back Half of 2026
- Ouster Is Breaking Out as a Physical AI Leader: Here’s What’s Driving the Move
Receive News & Ratings for Bgin Blockchain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bgin Blockchain and related companies with MarketBeat.com's FREE daily email newsletter.
