Ionic Digital Inc. (NASDAQ:IOND – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 79,623 shares, an increase of ? from the July 15th total of 0 shares. Based on an average daily trading volume, of 472,131 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.
Ionic Digital Trading Up 2.3%
Shares of NASDAQ:IOND opened at $66.66 on Tuesday. Ionic Digital has a fifty-two week low of $50.00 and a fifty-two week high of $71.90.
About Ionic Digital
Ionic Digital, Inc is a digital asset mining company focused primarily on the production of bitcoin. The company operates and develops specialized computing infrastructure, including application-specific integrated circuit (ASIC) mining equipment and related power, cooling, and data-center systems used to validate transactions on the Bitcoin network.
Ionic Digital was established using assets associated with Celsius Mining following the bankruptcy proceedings of Celsius Network. Its operations have been associated with mining facilities in the United States, including locations in Texas and New York.
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