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

SharpLink Gaming, Inc. (NASDAQ:SBET) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 17,700 shares, a decrease of 60.8% from the March 15th total of 45,200 shares. Based on an average daily volume of 1,760,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SharpLink Gaming stock. Tallon Kerry Patrick purchased a new position in SharpLink Gaming, Inc. (NASDAQ:SBET) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,663 shares of the company’s stock, valued at approximately $29,000. Tallon Kerry Patrick owned about 1.19% of SharpLink Gaming at the end of the most recent reporting period. Institutional investors and hedge funds own 13.75% of the company’s stock.

SharpLink Gaming Stock Performance

Shares of NASDAQ SBET opened at $0.24 on Tuesday. The business has a 50-day simple moving average of $0.37 and a two-hundred day simple moving average of $0.56. SharpLink Gaming has a 52 week low of $0.19 and a 52 week high of $1.47.

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.