High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) Shares Shorted: Short Interest Down 43.8% in October

High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 50,522 shares, a drop of 43.8% from the September 30th total of 89,906 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 36,337 shares, the days-to-cover ratio is presently 1.4 days.

Insider Transactions at High Roller Technologies

In other news, Director Daniel Waldemar Bradtke sold 5,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $6.16, for a total transaction of $30,800.00. Following the completion of the transaction, the director owned 29,979 shares of the company’s stock, valued at approximately $184,670.64. The trade was a 14.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 3.89% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of High Roller Technologies during the second quarter valued at about $609,000. Renaissance Technologies LLC bought a new position in High Roller Technologies in the 1st quarter valued at about $222,000. Finally, Balefire LLC acquired a new position in High Roller Technologies during the 2nd quarter valued at about $59,000.

High Roller Technologies Stock Performance

Shares of NYSEAMERICAN ROLR traded down $0.29 during midday trading on Friday, hitting $3.60. 86,021 shares of the company’s stock were exchanged, compared to its average volume of 61,775. The stock’s 50 day moving average price is $5.47 and its 200-day moving average price is $5.86. High Roller Technologies has a twelve month low of $1.16 and a twelve month high of $33.68.

High Roller Technologies (NYSEAMERICAN:ROLR) last posted its earnings results on Tuesday, August 11th. The company reported ($0.17) EPS for the quarter. The business had revenue of $2.81 million during the quarter. High Roller Technologies had a net margin of 10.83% and a negative return on equity of 2.57%.

Analyst Ratings Changes

Separately, Alliance Global Partners began coverage on shares of High Roller Technologies in a report on Wednesday, July 22nd. They issued a “buy” rating and a $20.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $20.00.

High Roller Technologies Company Profile

High Roller Technologies, Inc is an online gaming company that operates real-money casino platforms and related digital gaming services. Its business is focused on providing customers with internet-based casino games, including slots, table games and live-dealer experiences, through its online brands.

The company operates brands including High Roller Casino and 777 Casino, offering a range of gaming products designed for desktop and mobile users. Its platforms generally support multiple payment methods and are intended to provide access to online casino entertainment in markets where the company is licensed or otherwise permitted to operate.

High Roller Technologies serves customers in international markets, with operations subject to applicable gaming regulations, licensing requirements and jurisdictional restrictions.