Bit Origin Limited (NASDAQ:BTOG) Sees Significant Growth in Short Interest

Posted by Bonnie Powley on Jul 14th, 2026

Bit Origin Limited (NASDAQ:BTOG – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 381,817 shares, a growth of 334.1% from the June 15th total of 87,950 shares. Based on an average daily volume of 3,160,048 shares, the days-to-cover ratio is currently 0.1 days. Approximately 39.2% of the company’s stock are short sold.

Bit Origin Trading Down 7.4%

Shares of NASDAQ BTOG traded down $0.07 during trading on Tuesday, reaching $0.90. The company had a trading volume of 97,640 shares, compared to its average volume of 712,484. Bit Origin has a 12-month low of $0.90 and a 12-month high of $60.60. The business’s 50-day moving average is $1.68 and its 200 day moving average is $3.38.

Bit Origin (NASDAQ:BTOG – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported ($6.67) earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Bit Origin in a report on Friday, May 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on BTOG

Hedge Funds Weigh In On Bit Origin

A hedge fund recently raised its stake in Bit Origin stock. Virtu Financial LLC increased its stake in shares of Bit Origin Limited (NASDAQ:BTOG – Free Report) by 476.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,491 shares of the company’s stock after purchasing an additional 121,066 shares during the quarter. Virtu Financial LLC owned 14.95% of Bit Origin worth $25,000 at the end of the most recent quarter. 1.07% of the stock is owned by institutional investors.

About Bit Origin

(Get Free Report)

Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. It is also involved in deploying blockchain technologies. The company was formerly known as China Xiangtai Food Co, Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.