Kambi Group plc (OTCMKTS:KMBIF) Sees Large Drop in Short Interest

Kambi Group plc (OTCMKTS:KMBIF) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 500 shares, a drop of 96.0% from the May 31st total of 12,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Kambi Group Stock Performance

KMBIF remained flat at C$9.00 on Friday. Kambi Group has a 52 week low of C$8.97 and a 52 week high of C$17.26. The firm has a 50 day moving average of C$9.01 and a two-hundred day moving average of C$11.29.

About Kambi Group

Kambi Group plc operates as an independent provider of sports betting technology and services to the betting and gaming industry in Europe, the Americas, and internationally. The company provides compliance, technology, and odds-compiling services to customer intelligence and risk management, built on, and delivered through sports betting platform.