Digihost Technology Inc. (NASDAQ:DGHI) Short Interest Update

Digihost Technology Inc. (NASDAQ:DGHI) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 151,600 shares, a decrease of 7.6% from the November 15th total of 164,000 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 168,100 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Digihost Technology

An institutional investor recently raised its position in Digihost Technology stock. Jane Street Group LLC increased its position in shares of Digihost Technology Inc. (NASDAQ:DGHI) by 108.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,211 shares of the company’s stock after buying an additional 45,388 shares during the period. Jane Street Group LLC owned 0.26% of Digihost Technology worth $101,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.93% of the company’s stock.

Digihost Technology Trading Up 6.4 %

Shares of Digihost Technology stock traded up $0.11 on Monday, hitting $1.84. The stock had a trading volume of 273,687 shares, compared to its average volume of 131,337. The stock has a 50 day moving average of $1.65 and a 200 day moving average of $1.40. The firm has a market capitalization of $60.74 million, a P/E ratio of -3.20 and a beta of 5.25. Digihost Technology has a twelve month low of $0.84 and a twelve month high of $2.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.09.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a “buy” rating and set a $2.50 price objective on shares of Digihost Technology in a report on Monday.

Digihost Technology Company Profile

Digihost Technology Inc operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.