Kambi Group plc (OTCMKTS:KMBIF) Sees Large Increase in Short Interest

Kambi Group plc (OTCMKTS:KMBIFGet Rating) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 44,900 shares, a growth of 25.4% from the April 15th total of 35,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 449.0 days.

Shares of KMBIF stock remained flat at $16.20 during trading hours on Tuesday. Kambi Group has a 12-month low of 15.10 and a 12-month high of 51.95.

Separately, Pareto Securities downgraded Kambi Group to a “hold” rating and set a $200.00 price objective on the stock. in a report on Thursday, April 14th.

Kambi Group Company Profile (Get Rating)

Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer gaming operators in Europe, the Americas, and internationally. The company's services include compliance, odds-compiling, customer intelligence, and risk management services built on an in-house developed software platform.

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