Frontier Developments plc (OTCMKTS:FRRDF) Sees Large Decline in Short Interest

Frontier Developments plc (OTCMKTS:FRRDFGet Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,471 shares, a drop of 58.6% from the June 15th total of 3,557 shares. Based on an average daily trading volume, of 40 shares, the short-interest ratio is currently 36.8 days.

Frontier Developments Price Performance

Shares of OTCMKTS FRRDF remained flat at $6.00 during trading on Tuesday. Frontier Developments has a fifty-two week low of $5.50 and a fifty-two week high of $7.30. The firm’s fifty day moving average price is $5.82 and its 200 day moving average price is $6.23.

About Frontier Developments

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Frontier Developments Plc engages in the development of videogames. The company was founded by David John Braben on January 28, 1994 and is headquartered in Cambridge, the United Kingdom.

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