Gamehaus Holdings Inc. (NASDAQ:GMHS) Short Interest Update

Gamehaus Holdings Inc. (NASDAQ:GMHS) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 181,818 shares, a decrease of 13.1% from the February 26th total of 209,135 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 20,247 shares, the short-interest ratio is presently 9.0 days.

Institutional Investors Weigh In On Gamehaus

A hedge fund recently bought a new stake in Gamehaus stock. Virtu Financial LLC acquired a new position in Gamehaus Holdings Inc. (NASDAQ:GMHS) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus at the end of the most recent quarter. 63.69% of the stock is currently owned by institutional investors.

Gamehaus Stock Down 0.4%

Shares of Gamehaus stock opened at $0.89 on Thursday. The business has a 50 day moving average of $1.01 and a 200 day moving average of $1.10. Gamehaus has a 52 week low of $0.80 and a 52 week high of $2.66. The company has a market cap of $47.46 million, a PE ratio of 12.66 and a beta of 0.35.

Gamehaus (NASDAQ:GMHS) last released its quarterly earnings results on Monday, March 23rd. The company reported $0.02 earnings per share for the quarter. The company had revenue of $26.30 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Gamehaus in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Gamehaus has a consensus rating of “Sell”.

Gamehaus Company Profile

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.