Playtech plc (OTCMKTS:PYTCF) Sees Large Increase in Short Interest

Playtech plc (OTCMKTS:PYTCFGet Free Report) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 2,600 shares, an increase of 23.8% from the January 31st total of 2,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Playtech Stock Performance

Playtech stock remained flat at $9.00 during mid-day trading on Wednesday. Playtech has a 1-year low of $5.43 and a 1-year high of $9.67. The firm has a 50 day moving average price of $9.03 and a two-hundred day moving average price of $8.88.

Playtech Company Profile

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Playtech plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including live casino, sports, bingo, virtual sports, and poker. It also owns the intellectual property rights and licenses the software; provides digital marketing and advertising, consulting and online technical support, data mining processing, turnkey, live game, and video stream services; and operates betting shops.

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