Entain Plc (OTCMKTS:GMVHY) Short Interest Update

Entain Plc (OTCMKTS:GMVHY) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,839 shares, an increase of 441.8% from the August 31st total of 524 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 87,148 shares, the short-interest ratio is currently 0.0 days.

Entain Trading Up 1.2%

OTCMKTS GMVHY traded up $0.07 during mid-day trading on Friday, hitting $5.92. The company’s stock had a trading volume of 58,205 shares, compared to its average volume of 52,136. The stock’s fifty day simple moving average is $7.03 and its two-hundred day simple moving average is $7.30. Entain has a 52-week low of $5.84 and a 52-week high of $12.14.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GMVHY. Zacks Research upgraded shares of Entain to a “hold” rating in a research report on Wednesday, August 19th. Kepler Capital Markets upgraded Entain from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

About Entain

Entain plc is a global sports-betting and gaming company that operates online betting and gaming platforms, as well as retail betting shops in selected markets. Its offerings include sports wagering, casino games, poker, bingo and other interactive entertainment products, supported by proprietary technology and customer-facing digital platforms.

The company operates a portfolio of well-known brands, including bwin, Coral, Ladbrokes, partypoker, Sportingbet, 32Red and Neds. Entain also owns a significant interest in BetMGM, a sports-betting and iGaming business operated through a joint venture with MGM Resorts International.