Entain Plc (OTCMKTS:GMVHY) Short Interest Up 803.8% in December

Entain Plc (OTCMKTS:GMVHY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 11,704 shares, an increase of 803.8% from the December 15th total of 1,295 shares. Based on an average trading volume of 33,445 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 33,445 shares, the days-to-cover ratio is currently 0.3 days.

Entain Stock Performance

Shares of GMVHY traded down $0.22 during trading hours on Monday, hitting $10.00. 56,683 shares of the company were exchanged, compared to its average volume of 34,119. The firm has a fifty day simple moving average of $9.94 and a 200-day simple moving average of $11.24. Entain has a one year low of $6.21 and a one year high of $13.50.

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.