Playtech plc (OTCMKTS:PYTCY) Short Interest Update

Playtech plc (OTCMKTS:PYTCY) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 8,002 shares, a growth of 29,537.0% from the December 31st total of 27 shares. Based on an average daily trading volume, of 3,265 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily trading volume, of 3,265 shares, the days-to-cover ratio is currently 2.5 days.

Playtech Price Performance

Shares of Playtech stock traded down $0.50 during trading on Tuesday, hitting $7.50. 200 shares of the company were exchanged, compared to its average volume of 5,467. Playtech has a 1-year low of $6.23 and a 1-year high of $36.00. The firm’s fifty day moving average price is $6.55 and its 200 day moving average price is $10.79.

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.