Short Interest in Playtech plc (OTCMKTS:PYTCY) Expands By 197.7%

Playtech plc (OTCMKTS:PYTCY) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,846 shares, a growth of 197.7% from the April 15th total of 2,300 shares. Based on an average daily volume of 1,510 shares, the short-interest ratio is presently 4.5 days.

Playtech Price Performance

Shares of PYTCY remained flat at $9.10 on Thursday. 500 shares of the company were exchanged, compared to its average volume of 7,117. Playtech has a 12 month low of $6.23 and a 12 month high of $36.00. The company has a fifty day moving average of $10.15 and a two-hundred day moving average of $8.27.

Playtech Company Profile

Playtech plc, operating OTC as PYTCY, is a leading provider of software and services to the global online gambling and financial trading industries. Founded in 1999 by entrepreneur Teddy Sagi and headquartered in Douglas, Isle of Man, the company develops and licenses turnkey platforms for casinos, poker rooms, sports betting, live dealer games, bingo, virtual sports and financial trading. It delivers back‐end management tools, player account services and risk management solutions to licensed operators worldwide.

At the heart of Playtech’s offering is its unified platform that integrates content across multiple verticals, enabling operators to manage customer acquisition, retention, payments, analytics and compliance from a single interface.