Kambi Group plc (OTCMKTS:KMBIF) Sees Large Growth in Short Interest

Kambi Group plc (OTCMKTS:KMBIFGet Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 5 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is presently 5.0 days.

Kambi Group Price Performance

OTCMKTS:KMBIF opened at C$16.00 on Friday. Kambi Group has a 1 year low of C$9.81 and a 1 year high of C$16.00. The stock’s 50 day simple moving average is C$14.73 and its two-hundred day simple moving average is C$13.59.

Kambi Group Company Profile

(Get Free Report)

Kambi Group plc is a global business‐to‐business provider of premium sports betting services to licensed gaming operators. The company develops and delivers a fully managed sportsbook platform that includes front‐office user interfaces, back‐office risk management, pricing tools, customer intelligence and data analytics. Through proprietary technology and in‐house trading expertise, Kambi aims to offer flexible, scalable solutions that enable its operator clients to launch and operate sports betting products across multiple channels.

Founded in 2010 as a spin‐off from Unibet Group, Kambi made its public debut on Nasdaq Stockholm and has since expanded its footprint through strategic partnerships and licensing agreements.

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