High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) Short Interest Down 37.7% in July

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 203,817 shares, a decline of 37.7% from the June 30th total of 327,389 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 92,247 shares, the short-interest ratio is presently 2.2 days.

Institutional Trading of High Roller Technologies

An institutional investor recently bought a new position in High Roller Technologies stock. Balefire LLC bought a new position in shares of High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,000 shares of the company’s stock, valued at approximately $59,000. Balefire LLC owned approximately 0.09% of High Roller Technologies at the end of the most recent quarter.

High Roller Technologies Price Performance

Shares of NYSEAMERICAN ROLR traded up $0.08 on Friday, hitting $5.83. The company had a trading volume of 70,135 shares, compared to its average volume of 74,940. High Roller Technologies has a 12-month low of $1.16 and a 12-month high of $33.68. The company has a 50 day moving average price of $6.14.

High Roller Technologies (NYSEAMERICAN:ROLR) last posted its earnings results on Tuesday, May 12th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $3.37 million during the quarter. High Roller Technologies had a net margin of 18.64% and a return on equity of 8.69%.

Analyst Ratings Changes

Separately, Alliance Global Partners assumed coverage on shares of High Roller Technologies in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $20.00 price objective for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $20.00.

About High Roller Technologies

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.