Entain Plc (OTCMKTS:GMVHY) Short Interest Down 17.8% in March

Entain Plc (OTCMKTS:GMVHY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,700 shares, a decrease of 17.8% from the February 28th total of 4,500 shares. Based on an average daily volume of 44,900 shares, the short-interest ratio is presently 0.1 days.

Entain Price Performance

Shares of GMVHY traded up $0.11 during midday trading on Thursday, reaching $7.43. The stock had a trading volume of 21,165 shares, compared to its average volume of 34,869. The company’s fifty day simple moving average is $8.73 and its two-hundred day simple moving average is $9.14. Entain has a 1-year low of $6.28 and a 1-year high of $10.58.

Entain Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Monday, March 17th will be issued a $0.1198 dividend. This is an increase from Entain’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, March 17th.

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.