Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Sees Significant Decrease in Short Interest

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 currently 1.7 days.

Codere Online Luxembourg Stock Down 3.9%

Shares of NASDAQ CDROW traded down $0.03 during trading on Tuesday, hitting $0.70. The company had a trading volume of 1,000 shares, compared to its average volume of 13,396. Codere Online Luxembourg has a 12 month low of $0.40 and a 12 month high of $1.18. The stock has a 50 day simple moving average of $0.69 and a 200 day simple moving average of $0.77.

Codere Online Luxembourg Company Profile

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.