Lottery.com Inc. (NASDAQ:LTRY) Sees Significant Growth in Short Interest

Lottery.com Inc. (NASDAQ:LTRY) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 391,400 shares, an increase of 224.3% from the June 30th total of 120,700 shares. Based on an average daily trading volume, of 121,600 shares, the days-to-cover ratio is currently 3.2 days. Currently, 9.3% of the shares of the stock are sold short.

Lottery.com Stock Performance

Lottery.com stock traded down $0.06 during midday trading on Thursday, hitting $1.23. 85,260 shares of the company’s stock were exchanged, compared to its average volume of 85,766. Lottery.com has a 52-week low of $0.82 and a 52-week high of $13.00. The stock has a 50-day moving average price of $1.43 and a two-hundred day moving average price of $1.94. The company has a market cap of $5.86 million, a P/E ratio of -0.12 and a beta of 1.26.

Lottery.com (NASDAQ:LTRY) last announced its quarterly earnings data on Monday, May 20th. The company reported ($1.99) EPS for the quarter. The firm had revenue of $0.26 million for the quarter. Lottery.com had a negative net margin of 443.63% and a negative return on equity of 61.11%.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.