Short interest in Bit Digital Inc (NASDAQ:BTBT) increased during the last reporting period, rising from 20.26M to 23.91M. This put 16.32% 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 7.75M shares traded per day, it would take 3.09 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.