Kambi Group plc (OTCMKTS:KMBIF) Sees Large Growth in Short Interest

Kambi Group plc (OTCMKTS:KMBIFGet Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 5 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is currently 5.0 days.

Kambi Group Stock Performance

OTCMKTS KMBIF opened at C$16.00 on Friday. Kambi Group has a 1-year low of C$9.81 and a 1-year high of C$16.00. The business has a 50 day simple moving average of C$14.73 and a two-hundred day simple moving average of C$13.59.

Kambi Group Company Profile

(Get Free Report)

Kambi Group plc is a global business‐to‐business provider of premium sports betting services to licensed gaming operators. The company develops and delivers a fully managed sportsbook platform that includes front‐office user interfaces, back‐office risk management, pricing tools, customer intelligence and data analytics. Through proprietary technology and in‐house trading expertise, Kambi aims to offer flexible, scalable solutions that enable its operator clients to launch and operate sports betting products across multiple channels.

Founded in 2010 as a spin‐off from Unibet Group, Kambi made its public debut on Nasdaq Stockholm and has since expanded its footprint through strategic partnerships and licensing agreements.

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