Entain Plc (OTCMKTS:GMVHF) Sees Significant Drop in Short Interest

Entain Plc (OTCMKTS:GMVHF) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 1,097,800 shares, a decrease of 9.4% from the June 30th total of 1,212,100 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 215.3 days.

Entain Price Performance

GMVHF remained flat at $7.34 on Wednesday. 3,374 shares of the company traded hands, compared to its average volume of 2,638. The company’s fifty day simple moving average is $8.51 and its two-hundred day simple moving average is $9.99. Entain has a 52-week low of $7.17 and a 52-week high of $18.17.

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.