SharpLink Gaming, Inc. (NASDAQ:SBET – Get Free Report) 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 – Get Free Report) 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.
Further Reading
- Five stocks we like better than SharpLink Gaming
- Investing in Travel Stocks Benefits
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Stock Dividend Cuts Happen Are You Ready?
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for SharpLink Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SharpLink Gaming and related companies with MarketBeat.com's FREE daily email newsletter.