Playtech plc (OTCMKTS:PYTCY) Stock Short Interest Falls 99.9%

by · The Markets Daily

Playtech plc (OTCMKTS:PYTCY – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 14 shares, a drop of 99.9% from the September 30th total of 18,040 shares. Based on an average daily volume of 1,360 shares, the short-interest ratio is currently 0.0 days.

Playtech Price Performance

PYTCY stock remained flat at $9.91 during midday trading on Monday. The company had a trading volume of 1,500 shares, compared to its average volume of 7,730. The company’s fifty day simple moving average is $10.44 and its 200 day simple moving average is $9.66. Playtech has a fifty-two week low of $6.23 and a fifty-two week high of $12.73.

About Playtech

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Playtech plc is a technology company that provides software, content and services to the gambling and sports-betting industries. Its business-to-business solutions support online, mobile and land-based operators, as well as government-licensed gaming businesses and other partners.

The company’s product portfolio includes casino games, live casino, poker, bingo, sports-betting technology and player-management systems. Playtech also provides platforms, payment and risk-management tools, customer relationship technology, responsible-gambling features and operational services designed to help operators manage their gaming businesses across multiple channels.

Playtech was founded in 1999 and has developed an international presence serving regulated markets in Europe, the Americas and other jurisdictions.

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