DMG Blockchain Solutions Inc. (OTCMKTS:DMGGF) Sees Significant Growth in Short Interest

DMG Blockchain Solutions Inc. (OTCMKTS:DMGGF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 539,457 shares, an increase of 545.2% from the May 31st total of 83,611 shares. Based on an average daily trading volume, of 2,114,579 shares, the short-interest ratio is currently 0.3 days.

DMG Blockchain Solutions Trading Up 5.4%

Shares of OTCMKTS:DMGGF traded up $0.02 on Friday, reaching $0.46. The company had a trading volume of 108,445 shares, compared to its average volume of 444,113. DMG Blockchain Solutions has a 52-week low of $0.15 and a 52-week high of $0.52. The firm’s 50 day simple moving average is $0.29 and its 200-day simple moving average is $0.22.

About DMG Blockchain Solutions

DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering.