Playtech plc (OTCMKTS:PYTCY) Stock Short Interest Rises 12,785.7%

Playtech plc (OTCMKTS:PYTCY – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 18,040 shares, an increase of 12,785.7% from the September 15th total of 140 shares. Based on an average daily trading volume, of 14,643 shares, the days-to-cover ratio is presently 1.2 days.

Playtech Price Performance

Shares of OTCMKTS:PYTCY remained flat at $9.60 during trading on Friday. 4,730 shares of the company’s stock were exchanged, compared to its average volume of 8,064. The company has a fifty day simple moving average of $10.60 and a two-hundred day simple moving average of $10.05. Playtech has a 52 week low of $6.23 and a 52 week high of $12.73.

Playtech Company Profile

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Playtech plc is a gambling technology company that develops software, platforms and services for the regulated online and land-based gaming industries. Its portfolio includes casino games, live casino, bingo, poker, sports betting, virtual sports and retail gaming solutions, along with the technology infrastructure used to operate and manage these products.

The company provides its products primarily to business-to-business customers, including online gaming operators, betting companies, casinos and government-regulated organizations.

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