Entain Plc (OTCMKTS:GMVHF) Short Interest Up 18.0% in July

Entain Plc (OTCMKTS:GMVHFGet Rating) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 846,600 shares, a growth of 18.0% from the June 30th total of 717,600 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 249.0 days.

Entain Stock Performance

OTCMKTS GMVHF opened at $15.08 on Thursday. Entain has a 52 week low of $12.75 and a 52 week high of $34.79. The firm has a 50 day moving average of $15.46 and a two-hundred day moving average of $18.64.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Barclays dropped their price objective on shares of Entain from GBX 2,100 ($25.73) to GBX 1,950 ($23.89) in a report on Friday, July 15th. JPMorgan Chase & Co. dropped their price objective on shares of Entain from GBX 2,590 ($31.74) to GBX 2,200 ($26.96) in a report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Entain from GBX 2,235 ($27.39) to GBX 2,034 ($24.92) in a report on Tuesday, July 5th. Finally, Morgan Stanley dropped their price objective on shares of Entain from GBX 2,530 ($31.00) to GBX 2,430 ($29.78) in a report on Friday, June 24th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $2,229.00.

About Entain

(Get Rating)

Entain PLC operates as a sports-betting and gaming company. The company provides online betting, casino, poker, and bingo services through mobile and web under the bwin; online and multi-channel betting under the Ladbrokes; street and online betting under the Coral; sports betting, casino, game, and poker under the Sportingbet; online bingo, sportsbook, casino, and poker access under the Betboo; and sports betting, poker, and casino games under the Crystalbet brands, as well as Gamebookers, a full-service sportsbook.

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