PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 141 shares, a decline of 42.0% from the November 30th total of 243 shares. Based on an average daily volume of 2,908 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,908 shares, the days-to-cover ratio is presently 0.0 days.
PointsBet Price Performance
Shares of PBTHF stock remained flat at $0.32 during trading hours on Friday. PointsBet has a 12 month low of $0.25 and a 12 month high of $1.35. The firm’s 50 day moving average price is $0.47 and its 200-day moving average price is $0.58.
PointsBet Company Profile
PointsBet Holdings Limited is an online bookmaker specializing in sports and racing wagering, offering both traditional fixed-odds betting and its proprietary PointsBetting model. The company operates through a digital platform and mobile applications, providing customers with access to a broad range of sporting events, including major international leagues, horse racing, and niche competitions. PointsBet also features an online casino segment in select markets, expanding its product suite beyond sports betting.
Founded in Brisbane, Australia, in 2015, PointsBet rapidly expanded its operations domestically before entering the United States market in 2019.
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