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 the month of July. As of July 15th, there was short interest totalling 1,097,800 shares, a decrease of 9.4% from the June 30th total of 1,212,100 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is presently 215.3 days.

Entain Price Performance

Entain stock remained flat at $7.34 during mid-day trading on Wednesday. The company’s stock had a trading volume of 3,374 shares, compared to its average volume of 2,638. Entain has a 1 year low of $7.17 and a 1 year high of $18.17. The business has a fifty day moving average of $8.51 and a two-hundred day moving average of $9.99.

Entain Company Profile

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.