Short Interest in SharpLink Gaming, Inc. (NASDAQ:SBET) Rises By 510.7%

SharpLink Gaming, Inc. (NASDAQ:SBET) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 114,200 shares, a growth of 510.7% from the October 31st total of 18,700 shares. Based on an average trading volume of 123,200 shares, the days-to-cover ratio is currently 0.9 days. Currently, 3.9% of the company’s shares are sold short.

SharpLink Gaming Stock Performance

Shares of SBET stock remained flat at $0.64 during trading on Thursday. 23,597 shares of the company were exchanged, compared to its average volume of 71,443. SharpLink Gaming has a 52-week low of $0.43 and a 52-week high of $2.18. The company has a fifty day simple moving average of $0.72 and a 200-day simple moving average of $0.73.

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.