BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) Short Interest Down 35.0% in May

BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 317,217 shares, a drop of 35.0% from the May 14th total of 488,327 shares. Approximately 2.7% of the company’s shares are short sold. Based on an average trading volume of 1,383,685 shares, the short-interest ratio is currently 0.2 days.

BlockchAIn Digital Infrastructure Trading Down 2.7%

AIB traded down $0.05 on Tuesday, hitting $1.83. The company had a trading volume of 687,205 shares, compared to its average volume of 2,568,624. BlockchAIn Digital Infrastructure has a 12-month low of $0.90 and a 12-month high of $6.28. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average is $1.79.

BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.01) EPS for the quarter. The company had revenue of $4.91 million during the quarter. BlockchAIn Digital Infrastructure had a negative return on equity of 18.08% and a negative net margin of 8.44%.

About BlockchAIn Digital Infrastructure

BlockchAIn Digital Infrastructure Inc is engaged in the digital infrastructure business, providing data center operations and high-performance computing services. The company offers power infrastructure, hosting services, and equipment leasing to customers involved in blockchain computing, artificial intelligence, and high-performance data processing. Its operations include leasing space, power capacity, and equipment within data center facilities, as well as offering modular digital asset mining containers and related hardware and support services.