Cryptyde, Inc. (NASDAQ:TYDE – Get Rating) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 2,880,000 shares, an increase of 402.4% from the December 31st total of 573,200 shares. Approximately 9.9% of the shares of the company are sold short. Based on an average daily trading volume, of 2,510,000 shares, the short-interest ratio is currently 1.1 days.

Cryptyde Price Performance

Cryptyde stock opened at $0.23 on Friday. The stock's 50 day moving average price is $0.28 and its 200 day moving average price is $0.63. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.95 and a current ratio of 1.95. Cryptyde has a 1-year low of $0.17 and a 1-year high of $18.15.

Cryptyde (NASDAQ:TYDE – Get Rating) last posted its quarterly earnings results on Monday, November 14th. The company reported ($1.17) earnings per share for the quarter. The firm had revenue of $4.70 million for the quarter.

About Cryptyde

Cryptyde, Inc provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.

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