Entain Plc (OTCMKTS:GMVHY) Stock Short Interest Jumps 441.8%

Entain Plc (OTCMKTS:GMVHY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 2,839 shares, an increase of 441.8% from the August 31st total of 524 shares. Based on an average daily trading volume, of 87,148 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on GMVHY shares. Kepler Capital Markets raised shares of Entain from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 1st. Zacks Research upgraded shares of Entain to a “hold” rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Entain presently has an average rating of “Buy”.

Entain Stock Performance

Shares of Entain stock opened at $5.85 on Friday. The stock’s 50-day simple moving average is $7.06 and its 200-day simple moving average is $7.31. Entain has a 52 week low of $5.84 and a 52 week high of $12.14.

About Entain

Entain plc is a global sports-betting and gaming company that operates online betting and gaming platforms, as well as retail betting shops in selected markets. Its offerings include sports wagering, casino games, poker, bingo and other interactive entertainment products, supported by proprietary technology and customer-facing digital platforms.

The company operates a portfolio of well-known brands, including bwin, Coral, Ladbrokes, partypoker, Sportingbet, 32Red and Neds. Entain also owns a significant interest in BetMGM, a sports-betting and iGaming business operated through a joint venture with MGM Resorts International.