Motorsport Games Inc. (NASDAQ:MSGM) Short Interest Up 46.3% in November

Motorsport Games Inc. (NASDAQ:MSGM) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 33,200 shares, an increase of 46.3% from the November 15th total of 22,700 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is presently 0.0 days.

Motorsport Games Trading Up 1.8 %

Shares of NASDAQ:MSGM traded up $0.02 during trading on Friday, reaching $1.17. The stock had a trading volume of 18,996 shares, compared to its average volume of 494,125. The firm’s 50-day simple moving average is $1.25 and its 200 day simple moving average is $1.63. Motorsport Games has a one year low of $1.01 and a one year high of $4.16. The company has a market capitalization of $4.41 million, a P/E ratio of 0.72 and a beta of 2.07.

About Motorsport Games

Motorsport Games Inc develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.