PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,537,500 shares, a decrease of 16.4% from the February 29th total of 1,838,600 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover […]
The company’s focus turns to the Australian and Canadian markets, where PointsBet is confident it will reach current guidance in 2024. Operations in those markets have grown over the last five years from $26 million of revenue in 2019 to an anticipated return of between $230 and $250 million in fiscal year 2024.
PointsBet Holdings Limited (ASX:PBH – Get Free Report) insider William Grounds acquired 50,000 shares of the stock in a transaction on Friday, September 29th. The shares were acquired at an average price of A$0.79 ($0.50) per share, with a total value of A$39,500.00 ($25,159.24). PointsBet Price Performance The company has a debt-to-equity ratio of 0.72, […]