Codere Online Luxembourg, S.A. (NASDAQ:CDRO) Short Interest Update

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 404,000 shares, a growth of 6.3% from the November 15th total of 380,100 shares. Based on an average daily volume of 79,200 shares, the short-interest ratio is currently 5.1 days. Currently, 2.8% of the company’s shares are sold short.

Codere Online Luxembourg Price Performance

NASDAQ CDRO traded up $0.14 on Monday, reaching $7.45. The company had a trading volume of 6,608 shares, compared to its average volume of 46,389. Codere Online Luxembourg has a 1-year low of $2.90 and a 1-year high of $8.76. The company’s fifty day moving average is $7.86 and its 200-day moving average is $7.84.

Institutional Trading of Codere Online Luxembourg

A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC grew its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 98.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,801 shares of the company’s stock after buying an additional 39,601 shares during the period. Renaissance Technologies LLC owned 0.18% of Codere Online Luxembourg worth $650,000 at the end of the most recent quarter. 10.30% of the stock is owned by institutional investors.

Codere Online Luxembourg Company Profile

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.