SharpLink Gaming, Inc. (NASDAQ:SBET) Sees Significant Growth in Short Interest

SharpLink Gaming, Inc. (NASDAQ:SBET) was the target of 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. Currently, 3.9% of the shares of the company are sold short. Based on an average daily trading volume, of 123,200 shares, the short-interest ratio is currently 0.9 days.

SharpLink Gaming Stock Down 3.2 %

Shares of NASDAQ:SBET traded down $0.02 during trading on Friday, hitting $0.62. 5,654 shares of the company traded hands, compared to its average volume of 71,155. The business’s fifty day moving average is $0.72 and its 200-day moving average is $0.73. SharpLink Gaming has a one year low of $0.43 and a one year high of $2.18.

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.