High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) Short Interest Update

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 203,817 shares, a decrease of 37.7% from the June 30th total of 327,389 shares. Based on an average daily volume of 92,247 shares, the short-interest ratio is currently 2.2 days. Approximately 1.9% of the company’s stock are short sold.

Institutional Investors Weigh In On High Roller Technologies

A hedge fund recently bought a new stake in High Roller Technologies stock. Balefire LLC acquired a new position in shares of High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $59,000. Balefire LLC owned about 0.09% of High Roller Technologies at the end of the most recent reporting period.

High Roller Technologies Stock Performance

Shares of ROLR stock traded up $0.08 during trading hours on Friday, hitting $5.83. 70,135 shares of the company were exchanged, compared to its average volume of 2,013,665. High Roller Technologies has a one year low of $1.16 and a one year high of $33.68. The firm has a 50-day moving average price of $6.12.

High Roller Technologies (NYSEAMERICAN:ROLR) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.12) earnings per share for the quarter. High Roller Technologies had a net margin of 18.64% and a return on equity of 8.69%. The firm had revenue of $3.37 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Alliance Global Partners started coverage on shares of High Roller Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $20.00 price target for the company. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $20.00.

About High Roller Technologies

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.