Kambi Group plc (OTCMKTS:KMBIF – Get Rating) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 42,200 shares, a decline of 22.3% from the October 15th total of 54,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 422.0 days.
Kambi Group Price Performance
Shares of KMBIF remained flat at 14.73 during trading on Tuesday. Kambi Group has a 52 week low of 14.73 and a 52 week high of 29.40. The business has a fifty day simple moving average of 14.97 and a two-hundred day simple moving average of 16.89.
Get Kambi Group alerts:Wall Street Analyst Weigh In
Separately, Jefferies Financial Group initiated coverage on Kambi Group in a research report on Wednesday, September 28th. They set a "buy" rating on the stock.
About Kambi Group
(Get Rating)Kambi Group plc operates as a business-to-business supplier of managed sports betting services to business-to-consumer gaming operators in Europe, the Americas, and internationally. The company's services include compliance, odds-compiling, customer intelligence, and risk management services built on an in-house developed software platform.
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