Inspired Entertainment, Sees Significant Decrease in Short Interest

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Inspired Entertainment ($NASDAQ:INSE), Inc. is a publicly traded company that creates digital games and betting products. The company has seen a significant decrease in short interest. This means that fewer investors are betting against the stock.

Price History

The stock has been on a tear so far this year, and news has mostly been positive. On Monday, INSPIRED ENTERTAINMENT stock opened at $9.0 and closed at $9.4, up 6.5% from last closing price of $8.8. The company has seen its stock rise sharply since the beginning of the year, and short sellers have been forced to cover their positions. With the stock continuing to move higher, it’s likely that we’ll see further decreases in short interest in the coming weeks.

VI Analysis

Inspired Entertainment is a publicly traded company that creates digital content and experiences for the gaming industry. The company’s fundamentals reflect its long term potential, with a strong balance sheet, good cash flow, and a solid track record of profitability. However, Inspired Entertainment is a high risk investment in terms of financial and business aspects. The company has a high debt-to-equity ratio, which means that it is heavily leveraged and has a high risk of default. Additionally, Inspired Entertainment has a history of negative free cash flow, meaning that it has consistently burned through cash and has had to rely on debt and equity financing to stay afloat. Finally, the company’s stock is highly volatile, meaning that it is subject to sharp swings in value.

Summary

Inspired Entertainment, Inc. saw a significant decrease in short interest in the month of September. This is based on a report issued by FINRA on September 30th. This is likely due to the decrease in short interest, as investors are no longer betting against the company. The news has been mostly positive for Inspired Entertainment, Inc. recently.