Bragg Gaming Group Inc. (NASDAQ:BRAG) Short Interest Update

Bragg Gaming Group Inc. (NASDAQ:BRAG) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 181,000 shares, a growth of 108.3% from the March 31st total of 86,900 shares. Based on an average trading volume of 60,900 shares, the short-interest ratio is presently 3.0 days. Currently, 1.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Benchmark restated a “speculative buy” rating and issued a $8.00 price target on shares of Bragg Gaming Group in a research note on Wednesday, April 3rd.

Bragg Gaming Group Trading Up 0.2 %

Bragg Gaming Group stock traded up $0.01 during trading hours on Friday, reaching $6.07. 17,004 shares of the stock were exchanged, compared to its average volume of 78,113. Bragg Gaming Group has a twelve month low of $2.92 and a twelve month high of $7.00. The stock has a 50 day moving average of $5.70 and a two-hundred day moving average of $5.24.

Bragg Gaming Group (NASDAQ:BRAG) last announced its quarterly earnings data on Tuesday, March 26th. The company reported ($0.03) earnings per share (EPS) for the quarter. Bragg Gaming Group had a negative return on equity of 5.40% and a negative net margin of 4.11%. The firm had revenue of $25.15 million for the quarter. On average, analysts forecast that Bragg Gaming Group will post -0.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bragg Gaming Group

An institutional investor recently bought a new position in Bragg Gaming Group stock. Oasis Management Co Ltd. purchased a new stake in Bragg Gaming Group Inc. (NASDAQ:BRAG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 16,100 shares of the company’s stock, valued at approximately $82,000. Oasis Management Co Ltd. owned approximately 0.07% of Bragg Gaming Group at the end of the most recent quarter. 4.04% of the stock is currently owned by institutional investors.

Bragg Gaming Group Company Profile

Bragg Gaming Group Inc provides business to business online gaming technology platform and casino content aggregator worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides player account management platform, a multi-channel and cross-product that enables operators to manage the entire product suite using one shared account and one wallet for casino, lottery, sportsbook, and other operations; and Fuze, a single integrated platform that delivers third party gaming content.