Elys BMG Group Sees Unusually Large Options Volume (NASDAQ:ELYS)

Elys BMG Group, Inc. (NASDAQ:ELYS) saw unusually large options trading activity on Wednesday. Stock investors bought 542 put options on the company. This represents an increase of approximately 885% compared to the typical daily volume of 55 put options.

Hedge Funds Weigh In On Elys BMG Group

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Elys BMG Group by 132.5% in the 1st quarter. Royal Bank of Canada now owns 14,828 shares of the company’s stock worth $35,000 after purchasing an additional 8,450 shares during the period. State Street Corp bought a new stake in Elys BMG Group in the 1st quarter worth $42,000. Northern Trust Corp bought a new stake in Elys BMG Group in the 1st quarter worth $65,000. UBS Group AG grew its holdings in Elys BMG Group by 668.6% in the 4th quarter. UBS Group AG now owns 118,745 shares of the company’s stock worth $33,000 after acquiring an additional 103,295 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in Elys BMG Group by 112.5% in the 2nd quarter. Millennium Management LLC now owns 143,663 shares of the company’s stock worth $106,000 after acquiring an additional 76,070 shares during the last quarter.

Elys BMG Group Price Performance

Shares of NASDAQ:ELYS opened at $0.14 on Thursday. The stock has a market cap of $5.24 million, a PE ratio of -0.24 and a beta of 2.71. The company’s fifty day moving average is $0.16 and its 200 day moving average is $0.20. Elys BMG Group has a 52 week low of $0.11 and a 52 week high of $0.77. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.22.

About Elys BMG Group

Elys BMG Group, Inc engages in the provision of business-to-consumer gaming services in the United States and Europe. The company offers betting platform software services to leisure betting establishments; and operates web based and land-based leisure betting establishments. Its gaming product offerings include sports betting; and online casino, such as online slot and table games, poker, bingo, skilled and interactive games, virtual sports betting, and horse racing.