Kambi Group plc (OTCMKTS:KMBIF) Sees Significant Growth in Short Interest

Kambi Group plc (OTCMKTS:KMBIF) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 30 shares. Based on an average daily trading volume, of 51 shares, the short-interest ratio is currently 0.6 days.

Kambi Group Stock Performance

OTCMKTS KMBIF remained flat at C$15.75 during trading hours on Friday. The stock’s fifty day simple moving average is C$17.83 and its 200 day simple moving average is C$16.25. Kambi Group has a fifty-two week low of C$15.75 and a fifty-two week high of C$18.80.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of Kambi Group in a report on Wednesday, July 29th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Kambi Group Company Profile

Kambi Group plc is a business-to-business sports betting technology provider headquartered in Malta. The company supplies sportsbook solutions to licensed gaming operators, allowing them to offer sports wagering under their own brands rather than building and operating a complete sportsbook platform internally.

Its products and services include sportsbook technology, odds generation, sports trading, risk management, live betting, betting interfaces and related front-end tools. Kambi also provides managed sportsbook services designed to support the full betting lifecycle, from pricing and market creation to monitoring and settlement across a range of sporting events.

Kambi serves gaming and lottery operators in regulated markets across Europe, the Americas and other international regions.