Event Hospitality and Entertainment Limited (OTCMKTS:EVHEF) Sees Large Increase in Short Interest

Event Hospitality and Entertainment Limited (OTCMKTS:EVHEF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 173,063 shares, an increase of 69.7% from the August 31st total of 101,991 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Event Hospitality and Entertainment Price Performance

Event Hospitality and Entertainment Limited, now known as EVT Limited, is an Australian entertainment, hospitality and leisure company. The business operates cinema exhibition, hotel and resort properties, and related leisure and entertainment venues across Australia and New Zealand.

Its cinema operations include the Event Cinemas and Greater Union brands, as well as specialized cinema concepts and outdoor movie experiences. The company’s hospitality portfolio includes Rydges, QT and Atura hotels, while its leisure interests include Thredbo Alpine Resort in New South Wales, which provides skiing, snowboarding and year-round mountain activities.

The company traces its history to Amalgamated Holdings Limited and adopted the EVT name in 2020 to reflect its entertainment, hospitality and leisure businesses.