BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) Short Interest Down 35.0% in May

BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 317,217 shares, a decline of 35.0% from the May 14th total of 488,327 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average trading volume of 1,383,685 shares, the days-to-cover ratio is currently 0.2 days.

BlockchAIn Digital Infrastructure Stock Performance

Shares of NYSEAMERICAN AIB opened at $2.15 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.42 and a current ratio of 0.42. The stock has a fifty day moving average of $1.82. BlockchAIn Digital Infrastructure has a 52-week low of $0.90 and a 52-week high of $6.28.

BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) last issued its earnings results on Friday, May 15th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $4.91 million during the quarter. BlockchAIn Digital Infrastructure had a negative return on equity of 18.08% and a negative net margin of 8.44%.

BlockchAIn Digital Infrastructure Company Profile

BlockchAIn Digital Infrastructure Inc is engaged in the digital infrastructure business, providing data center operations and high-performance computing services. The company offers power infrastructure, hosting services, and equipment leasing to customers involved in blockchain computing, artificial intelligence, and high-performance data processing. Its operations include leasing space, power capacity, and equipment within data center facilities, as well as offering modular digital asset mining containers and related hardware and support services.