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

Esports Entertainment Group, Inc. (NASDAQ:GMBLPGet 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, an esports focused platform;, an online sportsbook and casino; iDefix, a casino-platform; Bethard, an online sportsbook and casino;, 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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