Gamehaus Holdings Inc. (NASDAQ:GMHS) Short Interest Update

Gamehaus Holdings Inc. (NASDAQ:GMHS) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 181,818 shares, a decrease of 13.1% from the February 26th total of 209,135 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,247 shares, the short-interest ratio is presently 9.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Gamehaus in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Gamehaus Stock Performance

Shares of NASDAQ GMHS opened at $0.89 on Wednesday. The company’s 50 day moving average price is $1.01 and its 200-day moving average price is $1.10. Gamehaus has a 52-week low of $0.80 and a 52-week high of $2.66. The company has a market capitalization of $47.68 million, a P/E ratio of 12.71 and a beta of 0.19.

Gamehaus (NASDAQ:GMHS) last posted its quarterly earnings data on Monday, March 23rd. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $26.30 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Gamehaus stock. Virtu Financial LLC purchased a new position in Gamehaus Holdings Inc. (NASDAQ:GMHS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned 0.05% of Gamehaus at the end of the most recent quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

About Gamehaus

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.