Lottery.com Inc. (NASDAQ:LTRY) Sees Large Increase in Short Interest

Lottery.com Inc. (NASDAQ:LTRY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 183,800 shares, a growth of 25.0% from the August 15th total of 147,000 shares. Currently, 3.9% of the shares of the stock are short sold. Based on an average trading volume of 171,000 shares, the days-to-cover ratio is currently 1.1 days.

Lottery.com Stock Performance

LTRY stock traded down $0.04 during trading on Tuesday, hitting $0.70. The stock had a trading volume of 77,953 shares, compared to its average volume of 92,014. The stock has a market cap of $6.44 million, a price-to-earnings ratio of -0.07 and a beta of 1.26. The company’s 50 day moving average price is $0.98 and its two-hundred day moving average price is $1.54. Lottery.com has a 1-year low of $0.68 and a 1-year high of $7.01.

Lottery.com (NASDAQ:LTRY) last posted its quarterly earnings data on Monday, August 19th. The company reported ($1.47) earnings per share for the quarter. Lottery.com had a negative net margin of 505.07% and a negative return on equity of 74.33%. The firm had revenue of $0.26 million during the quarter.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.