RIOT

Discussion in 'Stocks' started by vanzandt, Nov 21, 2017.

  1. vanzandt

    vanzandt

    #11     Feb 16, 2018
    niko79542 likes this.
  2. vanzandt

    vanzandt

    Riot Blockchain Inc (NASDAQ:RIOT) was the target of a significant decrease in short interest in the month of January. As of January 12th, there was short interest totalling 2,389,468 shares, a decrease of 6.6% from the December 29th total of 2,557,335 shares. Currently, 38.6% of the company’s stock are sold short. Based on an average trading volume of 3,171,673 shares, the days-to-cover ratio is currently 0.8 days.

    In related news, CEO John R. O’rourke III sold 30,383 shares of the business’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $28.61, for a total transaction of $869,257.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.40% of the stock is currently owned by corporate insiders.
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    Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new position in Riot Blockchain during the fourth quarter worth about $7,042,000. Millennium Management LLC purchased a new position in Riot Blockchain during the fourth quarter worth about $2,704,000. Geode Capital Management LLC purchased a new position in Riot Blockchain during the fourth quarter worth about $1,419,000. Perkins Capital Management Inc. purchased a new position in Riot Blockchain during the fourth quarter worth about $568,000. Finally, California Public Employees Retirement System purchased a new position in Riot Blockchain during the fourth quarter worth about $480,000. 3.31% of the stock is owned by institutional investors and hedge funds.

    Separately, BidaskClub downgraded shares of Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 30th.

    Shares of Riot Blockchain (NASDAQ RIOT) opened at $11.46 on Monday. Riot Blockchain has a 1-year low of $3.06 and a 1-year high of $46.20. The company has a market cap of $110.70, a PE ratio of -5.97 and a beta of 2.55.

    About Riot Blockchain

    Riot Blockchain Inc, formerly Bioptix, Inc, intends to gain exposure to the block chain ecosystem through targeted investments in the sector, with a primary focus on the bitcoin and Ethereum blockchains. The Company also provides Enhanced Surface Plasmon Resonance (SPR) platform for the detection of molecular interactions.
     
    #12     Feb 19, 2018