Lottery.com Inc. (NASDAQ:LTRY) Sees Significant Growth in Short Interest

Lottery.com Inc. (NASDAQ:LTRY) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 391,400 shares, a growth of 224.3% from the June 30th total of 120,700 shares. Based on an average daily volume of 121,600 shares, the days-to-cover ratio is presently 3.2 days. Currently, 9.3% of the shares of the company are short sold.

Lottery.com Stock Performance

Shares of NASDAQ LTRY traded down $0.06 during midday trading on Thursday, hitting $1.23. 85,260 shares of the company’s stock traded hands, compared to its average volume of 85,766. Lottery.com has a 1 year low of $0.82 and a 1 year high of $13.00. The stock has a market capitalization of $5.86 million, a price-to-earnings ratio of -0.12 and a beta of 1.26. The firm has a fifty day moving average of $1.43 and a 200 day moving average of $1.94.

Lottery.com (NASDAQ:LTRY) last released its quarterly earnings results on Monday, May 20th. The company reported ($1.99) EPS for the quarter. Lottery.com had a negative net margin of 443.63% and a negative return on equity of 61.11%. The business had revenue of $0.26 million for the quarter.

Lottery.com Company Profile

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.