Short Interest in Lottery.com Inc. (NASDAQ:SEGG) Declines By 43.1%

Posted by Brian Himes on Jun 3rd, 2026

Lottery.com Inc. (NASDAQ:SEGG – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,442,686 shares, a drop of 43.1% from the April 30th total of 2,536,219 shares. Based on an average trading volume of 3,102,097 shares, the short-interest ratio is currently 0.5 days. Approximately 11.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lottery.com stock. DRW Securities LLC acquired a new position in Lottery.com Inc. (NASDAQ:SEGG – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 58,609 shares of the company’s stock, valued at approximately $43,000. DRW Securities LLC owned approximately 0.64% of Lottery.com at the end of the most recent reporting period. 7.72% of the stock is currently owned by hedge funds and other institutional investors.

Lottery.com Price Performance

Shares of SEGG traded up $0.04 on Tuesday, reaching $1.74. The company’s stock had a trading volume of 1,837,962 shares, compared to its average volume of 2,529,707. Lottery.com has a 12-month low of $0.46 and a 12-month high of $17.00. The stock has a market capitalization of $28.78 million, a P/E ratio of -0.43 and a beta of 2.29. The stock’s 50 day simple moving average is $1.08 and its two-hundred day simple moving average is $1.17.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lottery.com in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $20.00.

Check Out Our Latest Report on SEGG

About Lottery.com

(Get Free Report)

Lottery.com (NASDAQ: SEGG) operates a digital platform designed to streamline lottery participation by enabling users to purchase entries into state-regulated lotteries via mobile devices or the web. The company’s flagship mobile application and website serve as a gateway for consumers to participate in Powerball®, Mega Millions® and a range of other national and regional lottery drawings. Through partnerships with lottery providers, Lottery.com handles ticket procurement, secure storage and digital delivery of scanned tickets, offering a convenient alternative to traditional retail purchase.

Founded in 2016 and headquartered in Addison, Texas, Lottery.com has expanded its footprint beyond the United States, exploring opportunities in international markets such as Mexico and select European jurisdictions.