Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Short Interest Update

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDEGet Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 237,565 shares, a drop of 37.8% from the April 30th total of 381,825 shares. Approximately 4.4% of the shares of the company are short sold. Based on an average trading volume of 165,264 shares, the days-to-cover ratio is currently 1.4 days.

Big Digital Energy, Inc. Common Stock Trading Down 1.6%

Shares of BGDE opened at $7.24 on Wednesday. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The stock’s 50 day moving average is $4.97 and its two-hundred day moving average is $4.66. The firm has a market cap of $39.96 million, a P/E ratio of -0.57 and a beta of 5.06.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDEGet Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($12.11) EPS for the quarter, missing the consensus estimate of ($10.40) by ($1.71). The business had revenue of $3.23 million during the quarter, compared to the consensus estimate of $5.30 million.

Wall Street Analysts Forecast Growth

BGDE has been the subject of several analyst reports. Wall Street Zen cut shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Read Our Latest Stock Report on Big Digital Energy, Inc. Common Stock

About Big Digital Energy, Inc. Common Stock

(Get Free Report)

Mawson Infrastructure Group, Inc is a special purpose acquisition company formed to identify, acquire and operate businesses in the digital infrastructure sector. Incorporated in Delaware, the company focuses on high-growth areas such as data centers, fiber-optic networks, wireless towers and other critical infrastructure that supports the global digital economy.

The company completed its initial public offering in July 2021, raising capital to pursue its business combination objectives.

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