Ebang International Holdings Inc. (NASDAQ:EBON – Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 10,800 shares, a decrease of 21.7% from the January 15th total of 13,800 shares. Based on an average daily trading volume, of 53,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.
Institutional Investors Weigh In On Ebang International
An institutional investor recently raised its position in Ebang International stock. Renaissance Technologies LLC grew its holdings in Ebang International Holdings Inc. (NASDAQ:EBON – Free Report) by 18.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,027 shares of the company’s stock after acquiring an additional 8,414 shares during the quarter. Renaissance Technologies LLC owned 1.10% of Ebang International worth $315,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.15% of the company’s stock.
Ebang International Trading Up 0.2 %
NASDAQ:EBON traded up $0.01 during mid-day trading on Friday, hitting $5.63. The company had a trading volume of 3,755 shares, compared to its average volume of 18,854. Ebang International has a fifty-two week low of $5.34 and a fifty-two week high of $14.19. The business’s fifty day moving average is $6.30 and its two-hundred day moving average is $6.38.
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.
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