SharpLink Gaming, Inc. (NASDAQ:SBET) Short Interest Update

SharpLink Gaming, Inc. (NASDAQ:SBET) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 61,100 shares, a decrease of 54.8% from the February 13th total of 135,300 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 1,870,000 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SharpLink Gaming

A hedge fund recently bought a new stake in SharpLink Gaming stock. Tallon Kerry Patrick acquired a new stake in SharpLink Gaming, Inc. (NASDAQ:SBET) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 42,663 shares of the company’s stock, valued at approximately $29,000. Tallon Kerry Patrick owned approximately 1.19% of SharpLink Gaming as of its most recent filing with the SEC. 13.75% of the stock is currently owned by institutional investors.

SharpLink Gaming Trading Down 1.2 %

Shares of SBET stock traded down $0.00 during mid-day trading on Friday, reaching $0.36. The company’s stock had a trading volume of 1,574,633 shares, compared to its average volume of 553,960. SharpLink Gaming has a 1-year low of $0.33 and a 1-year high of $1.68. The firm’s 50-day moving average is $0.47 and its two-hundred day moving average is $0.63.

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.