SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Down 26.0% in March

SharpLink Gaming, Inc. (NASDAQ:SBET) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 45,200 shares, a decrease of 26.0% from the February 28th total of 61,100 shares. Based on an average daily trading volume, of 1,470,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.7% of the company’s shares are sold short.

Hedge Funds Weigh In On SharpLink Gaming

An institutional investor recently bought a new position in SharpLink Gaming stock. Tallon Kerry Patrick purchased a new position in shares of SharpLink Gaming, Inc. (NASDAQ:SBET) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 42,663 shares of the company’s stock, valued at approximately $29,000. Tallon Kerry Patrick owned 1.19% of SharpLink Gaming at the end of the most recent quarter. 13.75% of the stock is owned by institutional investors.

SharpLink Gaming Price Performance

Shares of SBET traded up $0.04 during mid-day trading on Tuesday, reaching $0.33. 6,483,739 shares of the company were exchanged, compared to its average volume of 600,918. SharpLink Gaming has a 52 week low of $0.25 and a 52 week high of $1.47. The business has a 50 day simple moving average of $0.41 and a two-hundred day simple moving average of $0.60.

SharpLink Gaming Company Profile

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.