Codere Online Luxembourg was the recipient of a significant drop in short interest in April.
According to EFT Daily News as of April 30th, there was short interest totaling 85,300 shares, a decline of 16.5% from the April 15th total of 102,100 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 14,400 shares, the short-interest ratio is presently 5.9 days.
Institutional investors have recently bought and sold shares in the company.
Below, we share more details of these cases:
- Tiger Legatus Capital Management LLC bought a new stake in Codere Online Luxembourg in the fourth quarter worth $4,539,000.
- Millennium Management LLC bought a new stake in Codere Online Luxembourg in the fourth quarter worth $3,371,000.
- Blair William & Co. IL bought a new stake in Codere Online Luxembourg in the fourth quarter worth $779,000.
- Exchange Traded Concepts LLC bought a new stake in Codere Online Luxembourg in the first quarter worth $409,000.
- Castle Creek Arbitrage LLC bought a new stake in Codere Online Luxembourg in the fourth quarter worth $305,000.
On the other hand, Noble Financial took over the coverage of Codere Online Luxembourg in a report on Tuesday, February 22. They issued an "outperform" rating and a $10.00 price target on the stock.
Shares of Codere Online Luxembourg opened at $2.97 on Tuesday. The company's fifty day moving average is $4.73. Codere Online Luxembourg has a 12-month minimum of $2.90 and a 12-month maximum of $10.08.
Read full text on EFT Daily News
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