SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Down 12.5% in June

SharpLink Gaming, Inc. (NASDAQ:SBET) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 3,500 shares, a decline of 12.5% from the May 31st total of 4,000 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is currently 0.3 days.

SharpLink Gaming Price Performance

Shares of SBET stock opened at $0.60 on Friday. The business has a 50-day simple moving average of $0.95 and a 200-day simple moving average of $1.24. SharpLink Gaming has a 52-week low of $0.56 and a 52-week high of $3.22.

SharpLink Gaming (NASDAQ:SBET) last released its quarterly earnings results on Friday, May 17th. The company reported ($0.58) earnings per share for the quarter. The company had revenue of $0.98 million during the quarter.

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.