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

Codere Online Luxembourg, S.A. (NASDAQ:CDROW) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 8,500 shares, a decrease of 22.7% from the September 30th total of 11,000 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 1.1 days.

Codere Online Luxembourg Stock Performance

Shares of CDROW traded up $0.02 during trading hours on Tuesday, hitting $1.07. The stock had a trading volume of 538 shares, compared to its average volume of 16,749. The firm has a 50 day simple moving average of $1.01 and a 200-day simple moving average of $0.93. Codere Online Luxembourg has a 1-year low of $0.05 and a 1-year high of $1.28.

About Codere Online Luxembourg

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.