Lottery.com Inc. (NASDAQ:LTRY) Short Interest Update

Lottery.com Inc. (NASDAQ:LTRY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 890,900 shares, a drop of 25.8% from the February 28th total of 1,200,000 shares. Currently, 10.1% of the company’s stock are sold short. Based on an average daily volume of 9,530,000 shares, the short-interest ratio is presently 0.1 days.

Lottery.com Stock Down 5.3 %

LTRY stock traded down $0.05 during mid-day trading on Monday, reaching $0.89. The company had a trading volume of 357,610 shares, compared to its average volume of 2,583,992. Lottery.com has a one year low of $0.22 and a one year high of $2.40. The stock has a market capitalization of $10.75 million, a P/E ratio of -0.09 and a beta of 0.63. The stock’s 50-day simple moving average is $1.03 and its two-hundred day simple moving average is $0.65.

Insider Transactions at Lottery.com

In other Lottery.com news, Director Christopher Anderson Gooding sold 40,000 shares of Lottery.com stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $1.39, for a total value of $55,600.00. Following the completion of the transaction, the director now directly owns 276,553 shares in the company, valued at $384,408.67. The trade was a 12.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Matthew Howard Mcgahan sold 115,000 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $0.35, for a total value of $40,250.00. Following the sale, the director now owns 906,487 shares in the company, valued at $317,270.45. The trade was a 11.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 200,000 shares of company stock valued at $158,250. Insiders own 26.28% of the company’s stock.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.