Elys Game Technology, Corp. (NASDAQ:ELYS) Short Interest Down 23.7% in February

Elys Game Technology, Corp. (NASDAQ: ELYS – Get a rating) saw a significant decline in short interest in February. As of February 15, there was short interest totaling 406,900 shares, a decrease of 23.7% from the total of 533,000 shares as of January 31. Approximately 2.9% of the company’s shares are sold short. Based on an average trading volume of 285,800 shares, the day-to-cover ratio is currently 1.4 days.

In addition, the main shareholder Gold Street Capital Corp. bought 24,200 shares of the company in a transaction on Monday, December 13. The shares were acquired at an average cost of $3.28 per share, with a total value of $79,376.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink. In the past ninety days, insiders have purchased 56,407 shares of the company worth $192,876. 41.40% of the shares are held by insiders.

A number of hedge funds have recently changed their positions in the business. Geode Capital Management LLC acquired a new stake in shares of Elys Game Technology during Q2 worth approximately $46,000. Renaissance Technologies LLC bought a new stock position in Elys Game Technology in Q2, valued at around $92,000. Royal Bank of Canada increased its stake in Elys Game Technology by 42.0% during the second quarter. Royal Bank of Canada now owns 7,951 shares of the company worth $32,000 after buying an additional 2,351 shares in the last quarter. Millennium Management LLC acquired a new stake in Elys Game Technology during the second quarter valued at approximately $384,000. Finally, Powell Investment Advisors LLC acquired a new stake in Elys Game Technology during the third quarter worth approximately $183,000. Institutional investors hold 2.10% of the company’s shares.

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Action Elys Game Technology opened at $2.44 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt ratio of 0.01. Elys Game Technology has a 12 month minimum of $2.17 and a 12 month maximum of $6.76. The stock’s 50-day simple moving average is $2.79 and its two-hundred-day simple moving average is $3.86. The company has a market capitalization of $56.85 million, a PE ratio of -3.25 and a beta of 4.58.

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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