PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 141 shares, a drop of 42.0% from the November 30th total of 243 shares. Based on an average daily trading volume, of 2,908 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 2,908 shares, the short-interest ratio is presently 0.0 days.
PointsBet Price Performance
PBTHF remained flat at $0.32 during midday trading on Friday. The firm has a fifty day simple moving average of $0.47 and a 200 day simple moving average of $0.58. PointsBet has a 52-week low of $0.25 and a 52-week high of $1.35.
About PointsBet
PointsBet Holdings Limited is an online bookmaker specializing in sports and racing wagering, offering both traditional fixed-odds betting and its proprietary PointsBetting model. The company operates through a digital platform and mobile applications, providing customers with access to a broad range of sporting events, including major international leagues, horse racing, and niche competitions. PointsBet also features an online casino segment in select markets, expanding its product suite beyond sports betting.
Founded in Brisbane, Australia, in 2015, PointsBet rapidly expanded its operations domestically before entering the United States market in 2019.
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