Entain Plc (OTCMKTS:GMVHY) Sees Large Increase in Short Interest

Entain Plc (OTCMKTS:GMVHY) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 8,400 shares, an increase of 127.0% from the March 15th total of 3,700 shares. Based on an average daily trading volume, of 51,600 shares, the days-to-cover ratio is currently 0.2 days.

Entain Stock Up 1.1 %

Shares of OTCMKTS:GMVHY opened at $7.26 on Wednesday. Entain has a fifty-two week low of $6.21 and a fifty-two week high of $10.58. The firm’s 50-day simple moving average is $8.33 and its 200-day simple moving average is $8.91.

Entain Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Monday, March 17th will be given a dividend of $0.1198 per share. This is a boost from Entain’s previous dividend of $0.09. The ex-dividend date is Monday, March 17th.

Entain Company Profile

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.