Playtech plc (OTCMKTS:PYTCY – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 140 shares, an increase of 250.0% from the August 15th total of 40 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is currently 7.8 days.
Playtech Stock Performance
PYTCY remained flat at $10.80 during trading hours on Friday. Playtech has a twelve month low of $6.23 and a twelve month high of $12.73. The company’s 50 day moving average price is $10.34 and its two-hundred day moving average price is $9.91.
About Playtech
Playtech plc, operating OTC as PYTCY, is a leading provider of software and services to the global online gambling and financial trading industries. Founded in 1999 by entrepreneur Teddy Sagi and headquartered in Douglas, Isle of Man, the company develops and licenses turnkey platforms for casinos, poker rooms, sports betting, live dealer games, bingo, virtual sports and financial trading. It delivers back?end management tools, player account services and risk management solutions to licensed operators worldwide.
At the heart of Playtech’s offering is its unified platform that integrates content across multiple verticals, enabling operators to manage customer acquisition, retention, payments, analytics and compliance from a single interface.
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