Super Group Limited (NYSE:SGHC) Short Interest Update

→ Who are Nvidia’s New Silent Partners? (From Weiss Ratings) (Ad)

Super Group Limited (NYSE:SGHC - Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 931,900 shares, a decline of 21.7% from the April 15th total of 1,190,000 shares. Approximately 0.7% of the company's shares are sold short. Based on an average trading volume of 335,200 shares, the days-to-cover ratio is currently 2.8 days.

Get Super Group alerts:

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC restated a "buy" rating and set a $6.00 price target on shares of Super Group in a report on Thursday.

Read Our Latest Analysis on Super Group

Institutional Investors Weigh In On Super Group

A number of hedge funds have recently added to or reduced their stakes in SGHC. Vanguard Group Inc. boosted its holdings in shares of Super Group by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 859,109 shares of the company's stock worth $2,964,000 after buying an additional 61,937 shares in the last quarter. Phraction Management LLC increased its stake in Super Group by 183.0% in the fourth quarter. Phraction Management LLC now owns 128,355 shares of the company's stock valued at $407,000 after purchasing an additional 83,000 shares in the last quarter. Barclays PLC raised its holdings in shares of Super Group by 81.1% during the third quarter. Barclays PLC now owns 79,192 shares of the company's stock valued at $292,000 after purchasing an additional 35,452 shares during the period. SG Americas Securities LLC boosted its position in shares of Super Group by 78.6% during the 4th quarter. SG Americas Securities LLC now owns 31,640 shares of the company's stock worth $100,000 after purchasing an additional 13,928 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Super Group in the 4th quarter valued at about $50,000. 5.09% of the stock is currently owned by institutional investors.

Ad Chaikin Analytics

Buy this small stock before coming AI Tidal Wave

The internet generated more wealth than any other innovation in history - creating hundreds of thousands of new millionaires in America alone. Now A.I. could do the same. But if you're buying Microsoft or NVIDIA to profit - you're missing the big picture.

Get the name and ticker symbol for free - just click here.

Super Group Stock Performance

Super Group stock traded down $0.15 during trading hours on Friday, reaching $3.35. 517,675 shares of the company's stock were exchanged, compared to its average volume of 391,321. The firm's 50 day simple moving average is $3.32 and its 200 day simple moving average is $3.22. Super Group has a twelve month low of $2.63 and a twelve month high of $4.00.

About Super Group

(Get Free Report)

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.

Should you invest $1,000 in Super Group right now?

Before you consider Super Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Group wasn't on the list.

While Super Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here