Short Interest in Entain Plc (OTCMKTS:GMVHY) Expands By 43.1%

Entain Plc (OTCMKTS:GMVHY) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 65,748 shares, a growth of 43.1% from the February 26th total of 45,942 shares. Based on an average daily trading volume, of 205,953 shares, the days-to-cover ratio is presently 0.3 days.

Entain Stock Down 3.0%

Shares of GMVHY stock traded down $0.22 during trading on Friday, reaching $7.11. 159,930 shares of the company’s stock were exchanged, compared to its average volume of 68,609. Entain has a twelve month low of $6.21 and a twelve month high of $13.50. The firm’s fifty day moving average price is $7.98 and its 200-day moving average price is $9.61.

About Entain

Entain plc (OTCMKTS: GMVHY) is a leading global sports betting and gaming group operating through a diversified portfolio of online and retail channels. The company engages consumers via proprietary platforms and third-party partnerships, focusing on regulated markets to deliver a range of wagering and gaming experiences.

Entain’s portfolio includes well-known brands such as Ladbrokes, Coral, bwin, Sportingbet, partypoker and Foxy Bingo. Its offerings span online sports betting, casino games, poker, bingo and daily fantasy sports, in addition to a network of retail betting shops in the United Kingdom and Ireland.