Gryphon Digital Mining Inc (NASDAQ: GRYP): Can A Stock Be Down -51.48% YTD, And Still Be A Loser

Gryphon Digital Mining Inc (NASDAQ:GRYP)’s traded shares stood at 0.37 million during the last session, with the company’s beta value hitting 2.74. At the close of trading, the stock’s price was $0.19, to imply a decrease of -1.82% or -$0.01 in intraday trading. The GRYP share’s 52-week high remains $1.89, putting it -894.74% down since that peak but still an impressive 5.26% since price per share fell to its 52-week low of $0.18. The company has a valuation of $13.41M, with an average of 0.61 million shares in intraday trading volume over the past 10 days and average of 2.80 million shares over the past 3 months.

Gryphon Digital Mining Inc (NASDAQ:GRYP) trade information

After registering a -1.82% downside in the last session, Gryphon Digital Mining Inc (GRYP) has traded red over the past five days. The 5-day price performance for the stock is -6.09%, and -41.52% over 30 days. With these gigs, the year-to-date price performance is -51.48%. Short interest in Gryphon Digital Mining Inc (NASDAQ:GRYP) saw shorts transact 1.13 million shares and set a 1.22 days time to cover.

GRYP Dividends

Gryphon Digital Mining Inc has its next earnings report out on 2024-Nov-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Gryphon Digital Mining Inc (NASDAQ:GRYP)’s Major holders

Gryphon Digital Mining Inc insiders hold 39.10% of total outstanding shares, with institutional holders owning 3.36% of the shares at 5.51% float percentage. In total, 3.36% institutions holds shares in the company, led by HUDSON BAY CAPITAL MANAGEMENT LP. As of 2024-06-30, the company held over 0.88 million shares (or 2.2559% of shares), all amounting to roughly $1.05 million.

The next major institution holding the largest number of shares is MURCHINSON LTD. with 0.79 million shares, or about 2.0391% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.94 million.

We also have iShares Micro-Cap ETF and 1290 VT Micro Cap Portfolio as the top two Mutual Funds with the largest holdings of the Gryphon Digital Mining Inc (GRYP) shares. Going by data provided on Dec 31, 2024 , iShares Micro-Cap ETF holds roughly 79.25 shares. This is just over 0.15% of the total shares, with a market valuation of $15406.0. Data from the same date shows that the other fund manager holds a little less at 7.02, or 0.01% of the shares, all valued at about 1364.0.