Playtech plc (OTCMKTS:PYTCY) Sees Significant Drop in Short Interest

Playtech plc (OTCMKTS:PYTCY) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 600 shares, a decrease of 33.3% from the March 15th total of 900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 6.0 days.

OTCMKTS PYTCY remained flat at $$12.25 during trading hours on Friday. The company has a 50 day simple moving average of $13.05 and a 200 day simple moving average of $11.25. Playtech has a one year low of $4.52 and a one year high of $14.10.

About Playtech

Playtech Plc develops and sells software platforms and services for the online and land-based gambling industry worldwide. The company operates through Gaming B2B, Gaming B2C, and Financial segments. It operates an online trading platform to retail customers, which enable them to trade contracts for differences on various instruments, such as foreign exchange, commodities, equities, and indices; provides B2B clearing and execution services for retail brokers and professional clients; and offers technology and risk management services for retail brokers.

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