Entain Plc (OTCMKTS:GMVHF) Sees Significant Drop in Short Interest

Entain Plc (OTCMKTS:GMVHF) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 1,689,900 shares, a decrease of 17.6% from the February 13th total of 2,051,200 shares. Based on an average daily trading volume, of 208,900 shares, the short-interest ratio is presently 8.1 days.

Entain Stock Down 0.3 %

GMVHF stock traded down $0.02 during midday trading on Wednesday, hitting $8.74. 1,037 shares of the stock traded hands, compared to its average volume of 23,658. The stock’s fifty day simple moving average is $8.83 and its 200-day simple moving average is $9.28. Entain has a 1-year low of $6.16 and a 1-year high of $10.85.

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.