After Reaching Milestone, Is Inspired Entertainment Incorporated (NASDAQ:INSE)’s Short Interest Revealing Something?

February 14, 2018 - By Vivian Park

 After Reaching Milestone, Is Inspired Entertainment Incorporated (NASDAQ:INSE)’s Short Interest Revealing Something?

The stock of Inspired Entertainment Incorporated (NASDAQ:INSE) registered a decrease of 10.38% in short interest. INSE’s total short interest was 68,200 shares in February as published by FINRA. Its down 10.38% from 76,100 shares, reported previously. With 9,900 shares average volume, it will take short sellers 7 days to cover their INSE’s short positions. The short interest to Inspired Entertainment Incorporated’s float is 2.37%.

The stock increased 13.04% or $0.75 during the last trading session, reaching $6.5. About 85,694 shares traded or 14.81% up from the average. Inspired Entertainment, Inc. (NASDAQ:INSE) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Inspired Entertainment, Inc., a games technology company, focuses on the development and sale of software systems and digital terminals worldwide. The company has market cap of $139.61 million. The firm operates through two divisions, Service Based Gaming and Virtual Sports. It currently has negative earnings. The SBG segment designs, develops, markets, and distributes a portfolio of services and products through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and lotteries, as well as government affiliated and licensed operators.

More news for Inspired Entertainment, Inc. (NASDAQ:INSE) were recently published by: Prnewswire.com, which released: “Inspired Entertainment, Inc. Announces Successful Business Combination With …” on December 23, 2016. Marketwatch.com‘s article titled: “Inspired Entertainment Inc.” and published on February 03, 2017 is yet another important article.

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