SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Update

SharpLink Gaming, Inc. (NASDAQ:SBET) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 135,300 shares, a drop of 34.4% from the January 31st total of 206,100 shares. Based on an average daily volume of 1,730,000 shares, the short-interest ratio is currently 0.1 days. Currently, 2.6% of the shares of the company are short sold.

SharpLink Gaming Price Performance

Shares of SBET traded down $0.02 during mid-day trading on Tuesday, hitting $0.41. 722,646 shares of the company’s stock were exchanged, compared to its average volume of 2,069,119. SharpLink Gaming has a fifty-two week low of $0.33 and a fifty-two week high of $1.68. The business’s 50 day moving average is $0.52 and its two-hundred day moving average is $0.65.

Institutional Trading of SharpLink Gaming

A hedge fund recently bought a new stake in SharpLink Gaming stock. Value Base Ltd. purchased a new position in shares of SharpLink Gaming, Inc. (NASDAQ:SBET) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 73,001 shares of the company’s stock, valued at approximately $47,000. SharpLink Gaming accounts for approximately 0.0% of Value Base Ltd.’s investment portfolio, making the stock its 7th biggest position. Value Base Ltd. owned 2.03% of SharpLink Gaming as of its most recent SEC filing. 13.75% of the stock is owned by hedge funds and other institutional investors.

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.