Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Short Interest Down 27.2% in February

Codere Online Luxembourg, S.A. (NASDAQ:CDROW) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 23,648 shares, a decrease of 27.2% from the February 12th total of 32,465 shares. Based on an average daily trading volume, of 6,288 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily trading volume, of 6,288 shares, the days-to-cover ratio is currently 3.8 days.

Codere Online Luxembourg Price Performance

Shares of CDROW stock traded up $0.07 during trading hours on Friday, reaching $0.65. The stock had a trading volume of 24,171 shares, compared to its average volume of 9,999. The stock’s fifty day simple moving average is $0.72 and its 200 day simple moving average is $0.80. Codere Online Luxembourg has a 12 month low of $0.40 and a 12 month high of $1.18.

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.