Motorsport Games Inc. (NASDAQ:MSGM – Get Free Report) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 28,700 shares, a decline of 21.8% from the October 15th total of 36,700 shares. Approximately 1.8% of the company’s stock are sold short. Based on an average daily volume of 1,390,000 shares, the days-to-cover ratio is presently 0.0 days.
Motorsport Games Stock Down 9.6 %
Shares of NASDAQ MSGM traded down $0.12 during midday trading on Friday, reaching $1.11. 32,397 shares of the company’s stock traded hands, compared to its average volume of 533,818. The company has a market cap of $4.19 million, a price-to-earnings ratio of 0.69 and a beta of 2.06. The stock’s 50 day simple moving average is $1.29 and its 200-day simple moving average is $1.83. Motorsport Games has a one year low of $1.01 and a one year high of $4.16.
About Motorsport Games
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