Abits Group Inc. (NASDAQ:ABTS) Short Interest Update

Abits Group Inc. (NASDAQ:ABTS) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 268,400 shares, a decline of 5.7% from the March 31st total of 284,600 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 242,000 shares, the days-to-cover ratio is currently 1.1 days.

Abits Group Stock Performance

NASDAQ ABTS opened at $0.75 on Thursday. The business has a fifty day moving average price of $0.79. Abits Group has a 12-month low of $0.57 and a 12-month high of $1.80.

Abits Group Company Profile

Abits Group Inc, a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.