Aristocrat Leisure Limited (OTCMKTS:ARLUF) Short Interest Down 35.5% in May

Aristocrat Leisure Limited (OTCMKTS:ARLUFGet Rating) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 66,700 shares, a decrease of 35.5% from the April 30th total of 103,400 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 39.2 days.

A number of brokerages have recently commented on ARLUF. Citigroup began coverage on shares of Aristocrat Leisure in a research report on Friday, April 8th. They set a “buy” rating for the company. The Goldman Sachs Group began coverage on shares of Aristocrat Leisure in a research report on Wednesday, April 27th. They set a “buy” rating for the company.

Shares of ARLUF opened at $23.66 on Friday. The company has a 50-day simple moving average of $24.48 and a 200-day simple moving average of $28.07. Aristocrat Leisure has a 52 week low of $21.70 and a 52 week high of $37.39.

Aristocrat Leisure Company Profile (Get Rating)

Aristocrat Leisure Limited, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally. The company offers gaming content; and platforms and systems, including electronic gaming machines, digital social games, and casino management systems, as well as free-to-play mobile games.

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