HIVE Digital Technologies' short interest dropped 12.2% in September, reaching 5.34M shares.
HIVE Digital Technologies (NASDAQ:HIVE) experienced a 12.2% drop in short interest in September, totaling 5,340,000 shares. The company has a short-interest ratio of 1.6 days and over 24% of its shares are held by institutional investors. HIVE's shares rose to $3.45, with a market cap of $406.12 million. Despite a negative return on equity and net margin, revenue for the quarter reached $32.24 million, exceeding analyst expectations.
October 17, 2024
3 Articles