Gamehaus Holdings Inc. (NASDAQ:GMHS) Short Interest Update

Gamehaus Holdings Inc. (NASDAQ:GMHS) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 181,818 shares, a decline of 13.1% from the February 26th total of 209,135 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,247 shares, the short-interest ratio is currently 9.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Gamehaus stock. Virtu Financial LLC purchased a new position in Gamehaus Holdings Inc. (NASDAQ:GMHS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus at the end of the most recent quarter. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Gamehaus in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Gamehaus Stock Performance

Shares of GMHS opened at $0.97 on Tuesday. The stock has a market capitalization of $51.91 million, a PE ratio of 13.84 and a beta of 0.19. The company’s fifty day moving average is $1.01 and its 200 day moving average is $1.11. Gamehaus has a fifty-two week low of $0.80 and a fifty-two week high of $2.66.

Gamehaus (NASDAQ:GMHS) last released its quarterly earnings data on Monday, March 23rd. The company reported $0.02 EPS for the quarter. The business had revenue of $26.30 million for the quarter.

About Gamehaus

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.