Short Interest in Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Decreases By 21.1%

Codere Online Luxembourg, S.A. (NASDAQ:CDROW) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 18,652 shares, a decrease of 21.1% from the February 26th total of 23,648 shares. Based on an average daily trading volume, of 11,087 shares, the days-to-cover ratio is presently 1.7 days.

Codere Online Luxembourg Price Performance

NASDAQ:CDROW opened at $0.69 on Monday. Codere Online Luxembourg has a twelve month low of $0.40 and a twelve month high of $1.18. The company’s 50-day moving average price is $0.69 and its 200-day moving average price is $0.78.

About Codere Online Luxembourg

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.