Gamehaus Holdings Inc. (NASDAQ:GMHS – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 357,207 shares, an increase of 304.2% from the May 31st total of 88,375 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 5,586,804 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Gamehaus
A hedge fund recently bought a new stake in Gamehaus stock. Virtu Financial LLC acquired a new position in shares of Gamehaus Holdings Inc. (NASDAQ:GMHS – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus at the end of the most recent quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded shares of Gamehaus from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, June 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.
Gamehaus Price Performance
Shares of Gamehaus stock remained flat at $1.01 during midday trading on Friday. The stock had a trading volume of 91,679 shares, compared to its average volume of 3,198,914. Gamehaus has a 1-year low of $0.68 and a 1-year high of $2.66. The stock has a market cap of $54.11 million, a price-to-earnings ratio of 10.10 and a beta of 0.58. The company’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $0.98.
Gamehaus (NASDAQ:GMHS – Get Free Report) last announced its quarterly earnings data on Monday, June 8th. The company reported $0.01 earnings per share (EPS) for the quarter. Gamehaus had a return on equity of 14.41% and a net margin of 4.52%.The firm had revenue of $26.22 million during the quarter. During the same period in the prior year, the company posted $0.01 earnings per share.
Gamehaus Company Profile
Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.
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