SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Down 38.5% in May

SharpLink Gaming, Inc. (NASDAQ:SBET) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 4,000 shares, a decline of 38.5% from the May 15th total of 6,500 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

SharpLink Gaming Trading Down 5.1 %

Shares of SBET stock traded down $0.05 during trading on Friday, reaching $0.84. The company’s stock had a trading volume of 25,178 shares, compared to its average volume of 11,470. SharpLink Gaming has a 1-year low of $0.77 and a 1-year high of $3.22. The stock’s 50-day moving average price is $1.07 and its 200 day moving average price is $1.29.

SharpLink Gaming (NASDAQ:SBET) last announced its quarterly earnings data on Friday, May 17th. The company reported ($0.58) EPS for the quarter. The business had revenue of $0.98 million for the quarter.

SharpLink Gaming Company Profile

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.