Short Interest in SharpLink Gaming, Inc. (NASDAQ:SBET) Grows By 510.7%

SharpLink Gaming, Inc. (NASDAQ:SBET) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 114,200 shares, an increase of 510.7% from the October 31st total of 18,700 shares. Based on an average daily volume of 123,200 shares, the short-interest ratio is currently 0.9 days. Currently, 3.9% of the company’s shares are short sold.

SharpLink Gaming Stock Performance

Shares of NASDAQ SBET remained flat at $0.64 during mid-day trading on Thursday. The stock had a trading volume of 23,597 shares, compared to its average volume of 71,443. SharpLink Gaming has a fifty-two week low of $0.43 and a fifty-two week high of $2.18. The stock’s 50-day moving average is $0.72 and its 200-day moving average is $0.73.

SharpLink Gaming Company Profile

SharpLink Gaming, Inc operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.