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

Kambi Group plc (OTCMKTS:KMBIF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 5 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is currently 5.0 days.

Kambi Group Price Performance

OTCMKTS:KMBIF opened at C$16.00 on Tuesday. Kambi Group has a 52-week low of C$9.81 and a 52-week high of C$16.00. The stock has a fifty day moving average of C$14.79 and a 200 day moving average of C$13.64.

Kambi Group Company Profile

Kambi Group plc is a global business‐to‐business provider of premium sports betting services to licensed gaming operators. The company develops and delivers a fully managed sportsbook platform that includes front‐office user interfaces, back‐office risk management, pricing tools, customer intelligence and data analytics. Through proprietary technology and in‐house trading expertise, Kambi aims to offer flexible, scalable solutions that enable its operator clients to launch and operate sports betting products across multiple channels.

Founded in 2010 as a spin‐off from Unibet Group, Kambi made its public debut on Nasdaq Stockholm and has since expanded its footprint through strategic partnerships and licensing agreements.