High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) Stock Short Interest Report for October

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 50,522 shares, a drop of 43.8% from the September 30th total of 89,906 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 36,337 shares, the days-to-cover ratio is currently 1.4 days.

High Roller Technologies Stock Performance

ROLR opened at $3.41 on Tuesday. The business has a 50 day moving average price of $5.42 and a 200 day moving average price of $5.84. High Roller Technologies has a twelve month low of $1.16 and a twelve month high of $33.68.

High Roller Technologies (NYSEAMERICAN:ROLR) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.17) EPS for the quarter. High Roller Technologies had a net margin of 10.83% and a negative return on equity of 2.57%. The company had revenue of $2.81 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners began coverage on High Roller Technologies in a report on Wednesday, July 22nd. They set a “buy” rating and a $20.00 target price on the stock. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, High Roller Technologies currently has an average rating of “Buy” and an average price target of $20.00.

Insider Buying and Selling at High Roller Technologies

In related news, Director Daniel Waldemar Bradtke sold 5,000 shares of High Roller Technologies stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $6.16, for a total value of $30,800.00. Following the completion of the sale, the director owned 29,979 shares of the company’s stock, valued at approximately $184,670.64. The trade was a 14.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.89% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in High Roller Technologies in the 2nd quarter worth $609,000. Renaissance Technologies LLC bought a new stake in High Roller Technologies during the first quarter valued at about $222,000. Finally, Balefire LLC bought a new stake in High Roller Technologies during the second quarter valued at about $59,000.

High Roller Technologies Company Profile

High Roller Technologies, Inc is an online gaming company that operates real-money casino platforms and related digital gaming services. Its business is focused on providing customers with internet-based casino games, including slots, table games and live-dealer experiences, through its online brands.

The company operates brands including High Roller Casino and 777 Casino, offering a range of gaming products designed for desktop and mobile users. Its platforms generally support multiple payment methods and are intended to provide access to online casino entertainment in markets where the company is licensed or otherwise permitted to operate.

High Roller Technologies serves customers in international markets, with operations subject to applicable gaming regulations, licensing requirements and jurisdictional restrictions.