Digihost Technology Inc. (NASDAQ:DGHI – Get Rating) was the target of a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 437,600 shares, a decrease of 6.5% from the December 15th total of 468,100 shares. Based on an average daily volume of 72,700 shares, the short-interest ratio is currently 6.0 days. Currently, 2.6% of the shares of the company are sold short.
Institutional Trading of Digihost Technology
A hedge fund recently bought a new stake in Digihost Technology stock. Vident Investment Advisory LLC bought a new position in Digihost Technology Inc. (NASDAQ:DGHI – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 80,395 shares of the company's stock, valued at approximately $269,000. Vident Investment Advisory LLC owned about 0.11% of Digihost Technology as of its most recent SEC filing. 0.77% of the stock is currently owned by institutional investors.
Get Digihost Technology alerts:Digihost Technology Stock Performance
Shares of DGHI stock traded down $0.06 during mid-day trading on Friday, reaching $1.03. The stock had a trading volume of 301,403 shares, compared to its average volume of 136,715. The business's fifty day moving average is $0.58 and its 200-day moving average is $0.81. The company has a current ratio of 4.38, a quick ratio of 4.38 and a debt-to-equity ratio of 0.02. The firm has a market cap of $28.83 million, a price-to-earnings ratio of 12.88 and a beta of 2.05. Digihost Technology has a 1-year low of $0.31 and a 1-year high of $4.65.
Digihost Technology (NASDAQ:DGHI – Get Rating) last announced its quarterly earnings data on Monday, November 14th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.08. The business had revenue of $3.74 million for the quarter, compared to analyst estimates of $5.50 million. Digihost Technology had a return on equity of 4.90% and a net margin of 11.48%.Digihost Technology Company Profile
(Get Rating)
Digihost Technology, Inc is a block chain technology company, which engages in crypto currency mining. It focuses on validation through mining, hosting solutions, and blockchain software solutions. The company was founded on February 18, 2017 and is headquartered in Toronto, Canada.
Featured Stories
- Get a free copy of the StockNews.com research report on Digihost Technology (DGHI)
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving '23 Growth
Receive News & Ratings for Digihost Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digihost Technology and related companies with MarketBeat.com's FREE daily email newsletter.