Codere Online Luxembourg, S.A. (NASDAQ:CDRO – Get Free Report) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 404,000 shares, a growth of 6.3% from the November 15th total of 380,100 shares. Based on an average daily trading volume, of 79,200 shares, the short-interest ratio is presently 5.1 days. Currently, 2.8% of the company’s shares are sold short.
Codere Online Luxembourg Stock Up 1.6 %
Shares of NASDAQ CDRO traded up $0.12 during midday trading on Tuesday, hitting $7.41. The stock had a trading volume of 39,529 shares, compared to its average volume of 46,402. Codere Online Luxembourg has a fifty-two week low of $2.90 and a fifty-two week high of $8.76. The company’s 50-day simple moving average is $7.84 and its 200 day simple moving average is $7.84.
Institutional Trading of Codere Online Luxembourg
An institutional investor recently raised its position in Codere Online Luxembourg stock. Renaissance Technologies LLC grew its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO – Free Report) by 98.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,801 shares of the company’s stock after purchasing an additional 39,601 shares during the quarter. Renaissance Technologies LLC owned approximately 0.18% of Codere Online Luxembourg worth $650,000 at the end of the most recent reporting period. 10.30% of the stock is owned by hedge funds and other institutional investors.
Codere Online Luxembourg Company Profile
Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.
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