Bitcoin Group SE (OTCMKTS:BTGGF) Sees Large Growth in Short Interest

Bitcoin Group SE (OTCMKTS:BTGGF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 9,200 shares, an increase of 13.6% from the March 15th total of 8,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 92.0 days.

Bitcoin Group Stock Performance

Shares of OTCMKTS BTGGF traded up $3.01 during trading hours on Monday, hitting $58.40. 101 shares of the company traded hands, compared to its average volume of 175. The company’s 50 day moving average price is $48.73 and its 200 day moving average price is $35.90. Bitcoin Group has a 12 month low of $19.50 and a 12 month high of $59.76.

About Bitcoin Group

Bitcoin Group SE, an investment holding company, engages in the cryptocurrency and blockchain businesses worldwide. The company operates a trading platform for the digital currency bitcoin under the Bitcoin.de. It also provides financial services. The company was founded in 2008 and is based in Herford, Germany.