Stronghold Digital Mining (SDIG) News Today

Stronghold Digital Mining, Inc. (NASDAQ:SDIG - Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 582,200 shares, an increase of 87.4% from the June 15th total of 310,700 shares. Based on an average daily trading volume, of 505,900 shares, the days-to-cover ratio is currently 1.2 days. Currently, 5.3% of the shares of the stock are short sold.

B. Riley decreased their price objective on Stronghold Digital Mining from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Friday.

Stronghold Digital Mining (NASDAQ:SDIG) will be releasing earnings before the market opens on Thursday, May 2, Zacks reports.

Stronghold Digital Mining, Inc. (NASDAQ:SDIG - Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 350,100 shares, a growth of 116.0% from the March 15th total of 162,100 shares. Based on an average daily volume of 807,100 shares, the days-to-cover ratio is currently 0.4 days. Currently, 3.3% of the shares of the stock are sold short.

Compass Point decreased their price objective on shares of Stronghold Digital Mining from $22.00 to $8.50 and set a "buy" rating for the company in a research note on Wednesday.

Stronghold Digital Mining, Inc. (NASDAQ:SDIG - Get Free Report) CFO Matthew J. Smith sold 8,510 shares of the business's stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $3.96, for a total value of $33,699.60. Following the sale, the chief financial officer now owns 174,612 shares in the company, valued at approximately $691,463.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.