Lottery.com Inc. (NASDAQ:LTRY) Short Interest Up 390.0% in February

Lottery.com Inc. (NASDAQ:LTRY) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,350,000 shares, an increase of 390.0% from the January 31st total of 275,500 shares. Based on an average daily trading volume, of 9,340,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 18.0% of the company’s stock are short sold.

Insider Activity at Lottery.com

In other news, Director Matthew Howard Mcgahan sold 80,000 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $0.41, for a total transaction of $32,800.00. Following the completion of the sale, the director now directly owns 1,021,487 shares in the company, valued at approximately $418,809.67. This represents a 7.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 225,000 shares of company stock valued at $111,450. 26.28% of the stock is owned by insiders.

Lottery.com Trading Down 8.5 %

LTRY stock traded down $0.13 during trading on Thursday, hitting $1.40. The company had a trading volume of 3,235,559 shares, compared to its average volume of 15,439,745. The stock has a market cap of $16.91 million, a PE ratio of -0.14 and a beta of 1.15. The business has a 50-day moving average of $0.74 and a 200-day moving average of $0.61. Lottery.com has a one year low of $0.22 and a one year high of $2.82.

Lottery.com (NASDAQ:LTRY) last released its earnings results on Monday, December 16th. The company reported ($0.67) earnings per share (EPS) for the quarter. Lottery.com had a negative net margin of 594.64% and a negative return on equity of 88.86%.

About Lottery.com

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.