Kambi Group plc (OTCMKTS:KMBIF – Get Rating) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 10,400 shares, an increase of 82.5% from the February 28th total of 5,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 104.0 days.
Wall Street Analyst Weigh In
Separately, Pareto Securities cut shares of Kambi Group from a "hold" rating to a "sell" rating in a research report on Wednesday.
Get Kambi Group alerts:Kambi Group Stock Performance
OTCMKTS KMBIF remained flat at C$19.60 during trading hours on Thursday. The company had a trading volume of 2,675 shares, compared to its average volume of 2,050. The stock has a fifty day simple moving average of C$18.99 and a 200-day simple moving average of C$17.10. Kambi Group has a 1 year low of C$14.73 and a 1 year high of C$24.03.
About Kambi Group
(Get Rating)
Kambi Group Plc provides sports betting solutions to business-to-customer operators. It offers odds compiling, risk management, customer profiling, and technical sports betting platform. The company was founded by Anders Ström and Kristian Nylén on May 27, 2010 and is headquartered in Ta' Xbiex, Malta.
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