Short Interest in Lottery.com Inc. (NASDAQ:LTRY) Declines By 25.8%

Lottery.com Inc. (NASDAQ:LTRY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 890,900 shares, a decrease of 25.8% from the February 28th total of 1,200,000 shares. Based on an average trading volume of 9,530,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 10.1% of the company’s shares are short sold.

Insider Activity at Lottery.com

In other Lottery.com news, Director Matthew Howard Mcgahan sold 115,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $0.35, for a total transaction of $40,250.00. Following the completion of the sale, the director now owns 906,487 shares of the company’s stock, valued at $317,270.45. This represents a 11.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Christopher Anderson Gooding sold 40,000 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1.39, for a total transaction of $55,600.00. Following the completion of the transaction, the director now owns 276,553 shares in the company, valued at $384,408.67. The trade was a 12.64 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 200,000 shares of company stock worth $158,250 in the last ninety days. 26.28% of the stock is owned by company insiders.

Lottery.com Trading Up 3.4 %

NASDAQ LTRY traded up $0.03 on Tuesday, hitting $0.92. The company’s stock had a trading volume of 236,220 shares, compared to its average volume of 2,584,928. Lottery.com has a 52-week low of $0.22 and a 52-week high of $2.40. The firm has a market cap of $11.11 million, a P/E ratio of -0.09 and a beta of 0.63. The company’s 50-day simple moving average is $1.05 and its 200 day simple moving average is $0.65.

Lottery.com Company Profile

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.