Playtech plc (OTCMKTS:PYTCY) Short Interest Up 250.0% in August
by Michael Walen · The Markets DailyPlaytech plc (OTCMKTS:PYTCY – Get Free Report) saw a large increase in short interest in 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 trading volume of 18 shares, the short-interest ratio is presently 7.8 days.
Playtech Price Performance
OTCMKTS PYTCY remained flat at $10.80 on Friday. The firm has a fifty day moving average of $10.34 and a 200-day moving average of $9.91. Playtech has a 1-year low of $6.23 and a 1-year high of $12.73.
Playtech Company Profile
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.