GAN Limited (NASDAQ:GAN) Short Interest Update

GAN Limited (NASDAQ:GAN) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 73,900 shares, a growth of 52.1% from the January 31st total of 48,600 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 240,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of GAN

A number of institutional investors have recently modified their holdings of GAN. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of GAN during the fourth quarter worth about $36,000. Jane Street Group LLC bought a new position in shares of GAN during the 4th quarter worth approximately $55,000. AssuredPartners Investment Advisors LLC acquired a new stake in shares of GAN in the fourth quarter valued at approximately $62,000. Ridgewood Investments LLC bought a new stake in shares of GAN in the fourth quarter worth $95,000. Finally, Rangeley Capital LLC bought a new stake in shares of GAN in the fourth quarter worth $182,000. 16.67% of the stock is currently owned by institutional investors.

GAN Stock Down 1.1 %

Shares of NASDAQ:GAN traded down $0.02 during midday trading on Tuesday, reaching $1.74. 326,760 shares of the company were exchanged, compared to its average volume of 228,104. The firm has a market cap of $79.29 million, a PE ratio of -5.80 and a beta of 1.97. GAN has a fifty-two week low of $1.17 and a fifty-two week high of $1.90. The stock has a fifty day simple moving average of $1.82 and a two-hundred day simple moving average of $1.80.

GAN Company Profile

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.