Lottery.com Inc. (NASDAQ:LTRY) Short Interest Update

Lottery.com Inc. (NASDAQ:LTRY) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 890,900 shares, a decline of 25.8% from the February 28th total of 1,200,000 shares. Currently, 10.1% of the shares of the company are sold short. Based on an average daily volume of 9,530,000 shares, the days-to-cover ratio is presently 0.1 days.

Insider Activity

In related news, Director Matthew Howard Mcgahan sold 115,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $0.35, for a total transaction of $40,250.00. Following the completion of the transaction, the director now owns 906,487 shares of the company’s stock, valued at approximately $317,270.45. The trade was a 11.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Christopher Anderson Gooding sold 40,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $1.39, for a total transaction of $55,600.00. Following the completion of the sale, the director now owns 276,553 shares in the company, valued at $384,408.67. This represents a 12.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 200,000 shares of company stock worth $158,250. 26.28% of the stock is owned by corporate insiders.

Lottery.com Price Performance

NASDAQ LTRY traded up $0.03 during trading on Tuesday, reaching $0.92. The company’s stock had a trading volume of 236,220 shares, compared to its average volume of 2,584,928. The stock has a market capitalization of $11.11 million, a PE ratio of -0.09 and a beta of 0.63. The firm has a fifty day moving average of $1.05 and a 200 day moving average of $0.65. Lottery.com has a one year low of $0.22 and a one year high of $2.40.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.