Short Interest in Ebang International Holdings Inc. (NASDAQ:EBON) Increases By 91.9%

Ebang International Holdings Inc. (NASDAQ:EBON) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 35,500 shares, a growth of 91.9% from the October 31st total of 18,500 shares. Based on an average daily trading volume, of 38,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the company’s shares are sold short.

Ebang International Trading Up 18.0 %

Shares of NASDAQ EBON traded up $1.34 on Friday, reaching $8.79. 63,764 shares of the company traded hands, compared to its average volume of 31,909. Ebang International has a fifty-two week low of $5.34 and a fifty-two week high of $18.94. The company has a 50 day moving average of $6.64 and a 200 day moving average of $6.65.

Ebang International Company Profile

Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.