The short-term stake in Elys Game Technology, Corp. (NASDAQ: ELYS) increased by 138.5%
Elys Game Technology, Corp. (NASDAQ: ELYS – Get a rating) saw strong growth in short-term interest in March. As of March 15, there were short interests totaling 406,800 shares, a growth of 138.5% from the February 28 total of 170,600 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average trading volume of 233,100 shares, the day-to-cover ratio is currently 1.7 days.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in shares of Elys Game Technology during the second quarter at a value of $384,000. Powell Investment Advisors LLC increased its stake in Elys Game Technology to 97.8% in the fourth quarter. Powell Investment Advisors LLC now owns 73,300 shares of the company valued at $222,000 after buying an additional 36,250 shares last quarter. HAP Trading LLC acquired a new position in Elys Game Technology in the third quarter worth approximately $262,000. Belvedere Trading LLC acquired a new position in Elys Game Technology in the third quarter worth approximately $149,000. Finally, Renaissance Technologies LLC acquired a new position in Elys Game Technology in the second quarter worth approximately $92,000. 2.10% of the shares are held by institutional investors.
NASDAQ:ELYS opened at $2.31 on Friday. The company has a fifty-day simple moving average of $2.71 and a 200-day simple moving average of $3.60. Elys Game Technology has a 1-year low of $2.17 and a 1-year high of $6.72. The stock has a market capitalization of $53.82 million, a PE ratio of -3.08 and a beta of 4.59. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt ratio of 0.01.
About Elys Gaming Technology (Get a rating)
Elys Game Technology Corp. engages in the provision of leisure game products and services. Its product suite includes esports, virtual sports, online casino, poker, bingo, interactive games and slots. It operates through the following segments: betting establishments, betting platform software and services, and all others.
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