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PointsBet (OTCMKTS:PBTHF) Rating Increased to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of PointsBet (OTCMKTS:PBTHF – Get Rating) from an underweight rating to a neutral rating in a research note published on Tuesday morning, The Fly reports. Separately, Credit Suisse Group upgraded PointsBet from a neutral rating to an outperform rating in a report on Tuesday, May 16th. PointsBet Trading Up […] ....

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DraftKings submits offer rivaling Fanatics for PointsBet sportsbook

DraftKings has submitted a last-minute rival offer to purchase PointsBet's U.S. business. ....

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PointsBet Holdings Limited (OTCMKTS:PBTHF) Sees Significant Decline in Short Interest

PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Rating) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 2,342,200 shares, a decrease of 28.5% from the May 15th total of 3,274,100 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is […] ....

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PointsBet (OTCMKTS:PBTHF) Shares Down 3.7%

PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Rating)’s share price fell 3.7% during mid-day trading on Wednesday . The company traded as low as $0.88 and last traded at $0.88. 600 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 16,319 shares. The stock had previously closed at $0.91. […] ....

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