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

Entain Plc (OTCMKTS:GMVHF) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,689,900 shares, a decline of 17.6% from the February 13th total of 2,051,200 shares. Based on an average daily volume of 208,900 shares, the short-interest ratio is presently 8.1 days.

Entain Stock Performance

GMVHF stock opened at $8.44 on Thursday. Entain has a 1 year low of $6.16 and a 1 year high of $10.85. The business has a 50 day simple moving average of $8.83 and a 200-day simple moving average of $9.27.

Entain Company Profile

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.