Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Short Interest Update

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 9,853 shares, a decline of 18.4% from the January 15th total of 12,075 shares. Based on an average daily trading volume, of 110 shares, the days-to-cover ratio is presently 89.6 days. Based on an average daily trading volume, of 110 shares, the days-to-cover ratio is presently 89.6 days.

Analyst Ratings Changes

Separately, Pareto Securities downgraded shares of Paradox Interactive AB (publ) from a “buy” rating to a “hold” rating in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Paradox Interactive AB (publ) currently has a consensus rating of “Hold”.

Paradox Interactive AB (publ) Price Performance

Paradox Interactive AB (publ) stock remained flat at $13.15 during midday trading on Monday. The company had a trading volume of 20 shares, compared to its average volume of 367. The stock’s 50-day moving average price is $17.06 and its 200-day moving average price is $17.89. Paradox Interactive AB has a twelve month low of $13.15 and a twelve month high of $21.70.

About Paradox Interactive AB (publ)

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.