Short Interest in PointsBet Holdings Limited (OTCMKTS:PBTHF) Decreases By 53.0%

PointsBet Holdings Limited (OTCMKTS:PBTHF) saw a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 353,000 shares, a decrease of 53.0% from the November 15th total of 750,600 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 196.1 days.

PointsBet Trading Up 0.9 %

Shares of OTCMKTS:PBTHF traded up $0.01 during trading hours on Friday, reaching $0.60. The stock had a trading volume of 984 shares, compared to its average volume of 4,883. The firm’s 50 day moving average is $0.54 and its 200-day moving average is $0.41. PointsBet has a 1 year low of $0.26 and a 1 year high of $0.73.

PointsBet Company Profile

PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.