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

Playtech plc (OTCMKTS:PYTCF) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,000 shares, a decline of 98.3% from the August 15th total of 120,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 20.0 days.

Playtech Stock Performance

Shares of PYTCF remained flat at $7.82 during midday trading on Friday. The business has a 50-day moving average of $7.14 and a 200 day moving average of $6.17. Playtech has a 12-month low of $5.43 and a 12-month high of $8.18.

About Playtech

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.