CD Projekt S.A. (OTCMKTS:OTGLY) Short Interest Update

CD Projekt S.A. (OTCMKTS:OTGLY) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 709 shares, a decline of 56.4% from the November 30th total of 1,625 shares. Based on an average trading volume of 24,577 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 24,577 shares, the short-interest ratio is currently 0.0 days.

CD Projekt Stock Performance

OTCMKTS:OTGLY traded down $0.25 during trading hours on Friday, reaching $17.00. The stock had a trading volume of 4,118 shares, compared to its average volume of 10,984. The company has a 50 day moving average price of $16.93 and a two-hundred day moving average price of $17.52. CD Projekt has a 52 week low of $10.83 and a 52 week high of $19.74.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of CD Projekt in a report on Friday, November 28th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

CD Projekt Company Profile

CD Projekt SA is a Poland-based video game developer, publisher and digital distribution company best known for its critically acclaimed Role-Playing Games (RPGs). Through its development arm CD Projekt Red, the company designs, develops and publishes blockbuster game franchises, including The Witcher series and Cyberpunk 2077. In addition to its core game development activities, CD Projekt operates GOG.com, a digital storefront offering a catalogue of DRM-free PC games, and provides related online services such as multiplayer support, game updates and community forums.

Founded in Warsaw in 1994 by Marcin Iwiński and Michał Kiciński, CD Projekt initially built its reputation by translating and distributing popular Western titles in Central Europe.