Short Interest in Entain Plc (OTCMKTS:GMVHY) Declines By 17.8%

Entain Plc (OTCMKTS:GMVHY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,700 shares, a decline of 17.8% from the February 28th total of 4,500 shares. Based on an average daily trading volume, of 44,900 shares, the short-interest ratio is currently 0.1 days.

Entain Stock Performance

Shares of GMVHY stock traded down $0.42 during mid-day trading on Tuesday, hitting $7.47. 53,036 shares of the stock were exchanged, compared to its average volume of 34,598. The stock’s fifty day simple moving average is $8.77 and its two-hundred day simple moving average is $9.16. Entain has a 12-month low of $6.28 and a 12-month high of $10.58.

Entain Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Stockholders of record on Monday, March 17th will be paid a dividend of $0.1198 per share. The ex-dividend date is Monday, March 17th. This is a boost from Entain’s previous dividend of $0.09.

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.