Short interest in Bit Digital Inc (NASDAQ:BTBT) decreased during the last reporting period, falling from 26.48M to 25.69M. This put 17.54% of the company's publicly available shares short.
Short interest for Bit Digital gives investors a sense of the degree to which investors are betting on the decline of Bit Digital's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 12.37M shares traded per day, it would take 2.08 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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