Team17 Group plc (OTCMKTS:TSVNF) Sees Large Increase in Short Interest

Team17 Group plc (OTCMKTS:TSVNF – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 41,225 shares, a growth of 2,708.2% from the September 30th total of 1,468 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Team17 Group Price Performance

TSVNF stock remained flat at $4.03 during mid-day trading on Monday. The business has a fifty day simple moving average of $4.02 and a 200-day simple moving average of $4.14. Team17 Group has a 52-week low of $4.03 and a 52-week high of $5.48.

About Team17 Group

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Team17 Group plc is a United Kingdom-based video game developer and publisher. The company works with internal and third-party development studios to create, publish and distribute games across PC, consoles and mobile platforms, with a focus on independent and creator-led titles.

Its portfolio includes the long-running Worms franchise, as well as games such as The Escapists, Overcooked!, Hell Let Loose and Dredge. Team17 also develops and publishes simulation and management games through its publishing activities and operates an education-focused business that provides digital learning products for children.

Founded in 1990, Team17 has expanded from a publisher associated primarily with independent computer games into an international games and educational-content group.

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