Esports Entertainment Group, Inc. (NASDAQ:GMBLP) Sees Large Drop in Short Interest

Esports Entertainment Group, Inc. (NASDAQ:GMBLP – Get Rating) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 800 shares, a drop of 68.0% from the April 15th total of 2,500 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 0.2 days.

GMBLP remained flat at $$7.00 during trading on Thursday. The company had a trading volume of 2,599 shares, compared to its average volume of 5,377. Esports Entertainment Group has a 12 month low of $4.76 and a 12 month high of $10.00.

The firm also recently announced a dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Friday, May 13th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, May 12th. This represents a dividend yield of 13.6%.

About Esports Entertainment Group (Get Rating)

Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. The company operates Vie.bet, an esports focused platform; Sportnation.bet, an online sportsbook and casino; iDefix, a casino-platform; Bethard, an online sportsbook and casino; Vie.gg, an online esports wagering website; and ggCircuit, a local area network center management software for managing mission critical functions, such as game licensing and payments.

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