Entain Plc (OTCMKTS:GMVHY – Get Free Report) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 6,302 shares, a decrease of 82.7% from the July 30th total of 36,525 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 56,512 shares, the days-to-cover ratio is presently 0.1 days.
Entain Price Performance
GMVHY stock remained flat at $7.32 during mid-day trading on Wednesday. The company’s stock had a trading volume of 6,343 shares, compared to its average volume of 25,445. Entain has a 1-year low of $6.85 and a 1-year high of $12.14. The company has a 50-day moving average price of $7.34 and a two-hundred day moving average price of $7.50.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Entain to a “hold” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.
About Entain
Entain plc (OTCMKTS: GMVHY) is a leading global sports betting and gaming group operating through a diversified portfolio of online and retail channels. The company engages consumers via proprietary platforms and third-party partnerships, focusing on regulated markets to deliver a range of wagering and gaming experiences.
Entain’s portfolio includes well-known brands such as Ladbrokes, Coral, bwin, Sportingbet, partypoker and Foxy Bingo. Its offerings span online sports betting, casino games, poker, bingo and daily fantasy sports, in addition to a network of retail betting shops in the United Kingdom and Ireland.
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