CD Projekt S.A. (OTCMKTS:OTGLY) Sees Large Increase in Short Interest

by · The Markets Daily

CD Projekt S.A. (OTCMKTS:OTGLY – Get Free Report) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 1,100 shares, anincreaseof266.7% from the July 31st total of 300 shares. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is presently 0.1 days.

CD Projekt Trading Up 0.2%

Shares of OTGLY traded up $0.04 during trading hours on Wednesday, hitting $17.10. The stock had a trading volume of 1,012 shares, compared to its average volume of 12,273. The company’s fifty day simple moving average is $17.77 and its 200 day simple moving average is $16.00. CD Projekt has a 12-month low of $9.06 and a 12-month high of $19.74.

CD Projekt Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 23rd. Investors of record on Tuesday, July 1st were given a $0.0406 dividend. This is an increase from CD Projekt’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, June 30th. This represents a dividend yield of 22.0%.

Analyst Ratings Changes

Separately, Barclays reissued an “underweight” rating on shares of CD Projekt in a research note on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Get Our Latest Analysis on OTGLY

CD Projekt Company Profile

(Get Free Report)

CD Projekt SA, together its subsidiaries, engages in the development, publishing, and digital distribution of video games for personal computers and video game consoles in Poland. The company operates through two segments, CD PROJEKT RED and GOG.com. Its product portfolio comprises The Witcher; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077.

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