The trading price of Bit Origin Ltd (NASDAQ:BTOG) closed higher on Monday, July 07, and closing at $0.26, 48.84% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.1901 and $0.263. In examining the 52-week price action we see that the stock hit a 52-week high of $3.09 and a 52-week low of $0.12. Over the past month, the stock has gained 61.31% in value.
Bit Origin Ltd, whose market valuation is $14.90 million at the time of this writing, is expected to release its quarterly earnings report in August. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest BTOG has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that BTOG’s price is currently 52.29% off the SMA20 and 51.14% off the SMA50. The RSI metric on the 14-day chart is currently showing 77.79, and weekly volatility stands at 19.25%. When measured over the past 30 days, the indicator reaches 9.83%. Bit Origin Ltd (NASDAQ:BTOG)’s beta value is currently sitting at 1.47.
To see how Bit Origin Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: BTOG stock’s performance was 48.84% in the latest trading, and -73.88% in the past year.
An evaluation of the daily trading volume of Bit Origin Ltd (NASDAQ:BTOG) indicates that the 3-month average is 21.78 million. However, this figure has increased over the past 10 days to an average of 35.26.
Currently, records show that 8.48 million of the company’s shares remain outstanding. The insiders hold 9.07% of outstanding shares, whereas institutions hold 3.90%. The stats also highlight that short interest as of 2025-06-13, stood at 0.6 million shares, resulting in a short ratio of 0.07 at that time. From this, we can conclude that short interest is 103.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 1.21 million. However, since the stock’s price has seen -87.75% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
