Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Sees Significant Decrease in Short Interest

Codere Online Luxembourg, S.A. (NASDAQ:CDROWGet Free Report) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 23,648 shares, a drop of 27.2% from the February 12th total of 32,465 shares. Based on an average trading volume of 6,288 shares, the days-to-cover ratio is currently 3.8 days. Based on an average trading volume of 6,288 shares, the days-to-cover ratio is currently 3.8 days.

Codere Online Luxembourg Stock Performance

Shares of CDROW stock opened at $0.65 on Monday. Codere Online Luxembourg has a fifty-two week low of $0.40 and a fifty-two week high of $1.18. The stock’s 50-day simple moving average is $0.72 and its 200-day simple moving average is $0.80.

Codere Online Luxembourg Company Profile

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Codere Online Luxembourg SA (NASDAQ: CDROW) is a holding company established to consolidate and manage the digital gaming and sports-betting operations of Grupo Codere, one of Europe’s longstanding gaming enterprises. Headquartered in Luxembourg, the company oversees a portfolio of online platforms that deliver interactive wagering and casino experiences through desktop and mobile channels. It trades as an American depositary receipt on the Nasdaq, broadening its investor base while adhering to U.S.

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