Entain Plc (OTCMKTS:GMVHY) Short Interest Up 297.2% in January

Entain Plc (OTCMKTS:GMVHY) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 46,490 shares, a growth of 297.2% from the December 31st total of 11,704 shares. Based on an average trading volume of 65,513 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 65,513 shares, the short-interest ratio is presently 0.7 days.

Entain Price Performance

Shares of OTCMKTS:GMVHY traded up $0.02 during midday trading on Wednesday, reaching $8.90. The company had a trading volume of 2,230 shares, compared to its average volume of 31,790. Entain has a 1-year low of $6.21 and a 1-year high of $13.50. The business’s 50 day moving average price is $9.87 and its 200 day moving average price is $10.99.

Entain Company Profile

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.