Short Interest in Entain Plc (OTCMKTS:GMVHY) Increases By 297.2%

Entain Plc (OTCMKTS:GMVHY) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 46,490 shares, a growth of 297.2% from the December 31st total of 11,704 shares. Based on an average daily trading volume, of 65,513 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 65,513 shares, the days-to-cover ratio is currently 0.7 days.

Entain Trading Down 2.9%

GMVHY opened at $8.52 on Friday. The business’s 50-day simple moving average is $9.85 and its 200 day simple moving average is $10.96. Entain has a 52-week low of $6.21 and a 52-week high of $13.50.

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.