Short Interest in High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) Decreases By 37.7%

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 203,817 shares, a decrease of 37.7% from the June 30th total of 327,389 shares. Based on an average daily volume of 92,247 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.9% of the shares of the company are sold short.

High Roller Technologies Stock Performance

Shares of ROLR stock traded up $0.03 during mid-day trading on Thursday, hitting $5.75. 34,515 shares of the stock traded hands, compared to its average volume of 2,027,161. High Roller Technologies has a twelve month low of $1.16 and a twelve month high of $33.68. The stock’s 50-day simple moving average is $6.12.

High Roller Technologies (NYSEAMERICAN:ROLR) last announced its earnings results on Tuesday, May 12th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $3.37 million for the quarter. High Roller Technologies had a net margin of 18.64% and a return on equity of 8.69%.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners began coverage on shares of High Roller Technologies in a research note on Wednesday, July 22nd. They set a “buy” rating and a $20.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, High Roller Technologies presently has a consensus rating of “Buy” and a consensus target price of $20.00.

Hedge Funds Weigh In On High Roller Technologies

A hedge fund recently bought a new position in High Roller Technologies stock. Balefire LLC acquired a new position in High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $59,000. Balefire LLC owned about 0.09% of High Roller Technologies at the end of the most recent reporting period.

About High Roller Technologies

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.