Brag House Holdings, Inc. (NASDAQ:TBH) Short Interest Update

Brag House Holdings, Inc. (NASDAQ:TBH) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 151,804 shares, a decrease of 75.3% from the May 31st total of 614,612 shares. Currently, 4.5% of the shares of the stock are sold short. Based on an average trading volume of 114,149 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On Brag House

An institutional investor recently bought a new stake in Brag House stock. HRT Financial LP acquired a new position in Brag House Holdings, Inc. (NASDAQ:TBH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 73,400 shares of the company’s stock, valued at approximately $29,000. HRT Financial LP owned 0.35% of Brag House as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TBH. Wall Street Zen raised Brag House from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 24th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Brag House in a report on Friday, April 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Brag House Stock Down 1.2%

Shares of Brag House stock traded down $0.05 during midday trading on Friday, reaching $4.01. The company had a trading volume of 70,034 shares, compared to its average volume of 91,353. The company’s fifty day moving average is $5.00. Brag House has a 1-year low of $1.70 and a 1-year high of $19.49. The firm has a market cap of $13.55 million, a P/E ratio of -0.33 and a beta of 10.68.

About Brag House

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer.