Kambi Group plc (OTCMKTS:KMBIF – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 30 shares. Based on an average daily volume of 51 shares, the short-interest ratio is currently 0.6 days.
Kambi Group Stock Performance
KMBIF remained flat at C$15.75 during trading on Wednesday. The company had a trading volume of 500 shares, compared to its average volume of 340. Kambi Group has a twelve month low of C$15.75 and a twelve month high of C$18.80. The company has a 50-day simple moving average of C$17.86 and a 200-day simple moving average of C$16.20.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Kambi Group in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.
About Kambi Group
Kambi Group plc is a business-to-business sports betting technology provider headquartered in Malta. The company supplies sportsbook solutions to licensed gaming operators, enabling them to offer online and retail sports wagering under their own brands rather than operating primarily as a consumer-facing bookmaker.
Kambi’s platform includes sportsbook software, odds compilation, trading and risk management, live betting, player account and front-end technology, and related managed services.
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