Allied Gaming & Entertainment Inc. (NASDAQ:AIFA) Short Interest Update

Posted by Geri Gentry on Jun 28th, 2026

Allied Gaming & Entertainment Inc. (NASDAQ:AIFA – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 210,172 shares, a decrease of 87.1% from the May 31st total of 1,630,875 shares. Approximately 5.1% of the shares of the company are sold short. Based on an average daily volume of 105,957 shares, the short-interest ratio is presently 2.0 days.

Allied Gaming & Entertainment Price Performance

Shares of AIFA stock traded down $0.03 during midday trading on Friday, hitting $2.37. The company had a trading volume of 31,996 shares, compared to its average volume of 110,509. The stock has a market cap of $15.12 million, a price-to-earnings ratio of -0.47 and a beta of 2.29. The company’s 50 day simple moving average is $2.83 and its 200 day simple moving average is $2.28. Allied Gaming & Entertainment has a 52-week low of $1.51 and a 52-week high of $19.20.

Allied Gaming & Entertainment (NASDAQ:AIFA – Get Free Report) last released its quarterly earnings results on Monday, June 15th. The company reported ($0.83) EPS for the quarter. Allied Gaming & Entertainment had a negative return on equity of 69.97% and a negative net margin of 456.92%.The company had revenue of $1.55 million for the quarter.

Institutional Trading of Allied Gaming & Entertainment

Hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its holdings in shares of Allied Gaming & Entertainment by 84.1% in the first quarter. Renaissance Technologies LLC now owns 127,392 shares of the company’s stock valued at $35,000 after acquiring an additional 58,200 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Allied Gaming & Entertainment during the 4th quarter worth approximately $262,000. XTX Topco Ltd acquired a new position in Allied Gaming & Entertainment during the 4th quarter worth approximately $26,000. Susquehanna International Group LLP purchased a new position in shares of Allied Gaming & Entertainment during the 3rd quarter worth approximately $90,000. Finally, Virtu Financial LLC acquired a new stake in shares of Allied Gaming & Entertainment in the 3rd quarter valued at approximately $27,000. Institutional investors and hedge funds own 3.21% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AIFA. Wall Street Zen raised shares of Allied Gaming & Entertainment from a “strong sell” rating to a “sell” rating in a research report on Sunday, June 21st. Weiss Ratings upgraded shares of Allied Gaming & Entertainment from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Allied Gaming & Entertainment presently has an average rating of “Sell”.

Get Our Latest Research Report on AIFA

About Allied Gaming & Entertainment

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Allied Gaming & Entertainment, Inc is a digital media and technology company focused on the development, production and distribution of live amateur sports content in the United States. The company’s flagship InPlay Sports division secures rights to high school and collegiate athletic events and streams those competitions across linear and digital channels. Through strategic partnerships with regional school conferences and venues, Allied Gaming aims to expand the reach of under-served amateur athletics audiences while creating new content monetization opportunities.

Allied’s content portfolio spans live event coverage, on-demand highlights and studio productions designed for distribution on television, web and mobile platforms.