Entain Plc (OTCMKTS:GMVHY – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 5,757 shares, an increase of 102.8% from the September 15th total of 2,839 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 148,145 shares, the days-to-cover ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Zacks Research upgraded Entain to a “hold” rating in a report on Wednesday, August 19th. Kepler Capital Markets raised shares of Entain from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Entain presently has an average rating of “Buy”.
Check Out Our Latest Stock Report on GMVHY
Entain Stock Down 0.7%
Shares of Entain stock traded down $0.04 during trading on Thursday, hitting $5.77. 16,331 shares of the stock were exchanged, compared to its average volume of 67,686. The stock’s fifty day moving average is $6.57 and its 200 day moving average is $7.13. Entain has a 12 month low of $5.34 and a 12 month high of $11.17.
Entain Company Profile
Entain plc is an international sports-betting and gaming company operating primarily through online platforms and retail betting locations. The company offers sports wagering, casino games, poker, bingo and other interactive gaming products through a portfolio of consumer brands.
Its brands have included bwin, Coral, Ladbrokes, PartyPoker and Sportingbet. Entain also operates BetMGM, a sports-betting and iGaming business formed through a joint venture with MGM Resorts International. The company serves customers across multiple regulated markets, including the United Kingdom, Europe, Australia and selected markets in the Americas.
Entain was formerly known as GVC Holdings and adopted the Entain name in 2020 as part of a broader repositioning of the business.
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