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

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

Paradox Interactive AB (publ) Price Performance

PRXXF opened at $13.15 on Tuesday. Paradox Interactive AB has a 12 month low of $13.15 and a 12 month high of $21.70. The business has a fifty day moving average price of $16.96 and a 200 day moving average price of $17.86.

Wall Street Analysts Forecast Growth

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

Paradox Interactive AB (publ) Company Profile

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.