Short Interest in SharpLink Gaming, Inc. (NASDAQ:SBET) Decreases By 36.8%

SharpLink Gaming, Inc. (NASDAQ:SBET) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 18,700 shares, a decline of 36.8% from the October 15th total of 29,600 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 118,800 shares, the days-to-cover ratio is currently 0.2 days.

SharpLink Gaming Stock Up 6.6 %

Shares of NASDAQ SBET traded up $0.04 during trading on Friday, reaching $0.68. 112,608 shares of the stock traded hands, compared to its average volume of 72,912. SharpLink Gaming has a 52-week low of $0.43 and a 52-week high of $2.18. The company has a 50-day moving average of $0.72 and a 200-day moving average of $0.75.

SharpLink Gaming (NASDAQ:SBET) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.27) earnings per share (EPS) for the quarter. The company had revenue of $0.98 million during the quarter.

About SharpLink Gaming

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.