Aristocrat Leisure Limited (OTCMKTS:ARLUF – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 666,437 shares, a growth of 116.9% from the June 30th total of 307,311 shares. Based on an average trading volume of 1,742 shares, the days-to-cover ratio is presently 382.6 days.
Aristocrat Leisure Price Performance
Shares of Aristocrat Leisure stock opened at $44.00 on Tuesday. Aristocrat Leisure has a fifty-two week low of $30.30 and a fifty-two week high of $47.56. The company has a fifty day moving average of $39.58 and a 200 day moving average of $36.48.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada started coverage on shares of Aristocrat Leisure in a research note on Tuesday, April 28th. They set an “outperform” rating and a $58.00 target price on the stock. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $58.00.
About Aristocrat Leisure
Aristocrat Leisure Limited is a global gaming content and technology company headquartered in Sydney, Australia. Established in 1953 by Len Ainsworth, Aristocrat has grown into one of the world’s leading designers and manufacturers of casino gaming machines and electronic gaming systems. The company’s product portfolio spans video and reel slot machines, electronic table games, player management systems and casino management software, serving land-based gaming establishments across multiple jurisdictions.
Over the decades, Aristocrat has expanded its geographic footprint to include North America, Europe, Latin America and the Asia-Pacific region.
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