SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Update

SharpLink Gaming, Inc. (NASDAQ:SBET) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 58,700 shares, an increase of 224.3% from the June 30th total of 18,100 shares. Currently, 2.1% of the company’s shares are sold short. Based on an average daily volume of 60,900 shares, the days-to-cover ratio is presently 1.0 days.

SharpLink Gaming Stock Performance

Shares of NASDAQ:SBET traded down $0.04 during trading on Friday, reaching $0.58. 7,055 shares of the company traded hands, compared to its average volume of 55,313. SharpLink Gaming has a 52-week low of $0.43 and a 52-week high of $2.97. The business’s fifty day moving average is $0.75 and its 200-day moving average is $1.13.

SharpLink Gaming (NASDAQ:SBET) last released its quarterly earnings data on Friday, May 17th. The company reported ($0.58) earnings per share for the quarter. The firm had revenue of $0.98 million during the quarter.

About SharpLink Gaming

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.