Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Short Interest Update

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 167,400 shares, a drop of 75.9% from the December 31st total of 695,000 shares. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is presently 0.1 days. Currently, 1.1% of the company’s shares are short sold.

Mawson Infrastructure Group Trading Down 5.3 %

Mawson Infrastructure Group stock traded down $0.04 during mid-day trading on Tuesday, hitting $0.80. The company’s stock had a trading volume of 373,485 shares, compared to its average volume of 376,823. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.39 and a current ratio of 0.39. The company has a 50 day moving average of $1.17 and a 200-day moving average of $1.33. Mawson Infrastructure Group has a one year low of $0.62 and a one year high of $2.96. The stock has a market cap of $14.93 million, a PE ratio of -0.25 and a beta of 3.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mawson Infrastructure Group stock. Regal Partners Ltd bought a new position in shares of Mawson Infrastructure Group Inc. (NASDAQ:MIGI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 32,135 shares of the company’s stock, valued at approximately $40,000. Regal Partners Ltd owned 0.17% of Mawson Infrastructure Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 6.86% of the company’s stock.

Mawson Infrastructure Group Company Profile

Mawson Infrastructure Group Inc develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities.