Motorsport Games Inc. (NASDAQ:MSGM) Short Interest Update

Motorsport Games Inc. (NASDAQ:MSGM) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 28,700 shares, a decrease of 21.8% from the October 15th total of 36,700 shares. Based on an average daily trading volume, of 1,390,000 shares, the short-interest ratio is currently 0.0 days. Approximately 1.8% of the shares of the company are sold short.

Motorsport Games Trading Down 9.6 %

Shares of MSGM stock opened at $1.11 on Friday. The company has a market cap of $4.19 million, a price-to-earnings ratio of 0.69 and a beta of 2.06. The stock has a 50 day simple moving average of $1.29 and a 200-day simple moving average of $1.83. Motorsport Games has a 12-month low of $1.01 and a 12-month high of $4.16.

Motorsport Games Company Profile

Motorsport Games Inc develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.