Verition Fund Management LLC trimmed its holdings in shares of DoubleDown Interactive Co., Ltd. (NASDAQ:DDI – Get Rating) by 21.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 98,054 shares of the company’s stock after selling 26,205 shares during the period. Verition Fund Management LLC’s holdings in DoubleDown Interactive were worth $1,156,000 as of its most recent SEC filing.
Separately, B. Riley Financial Inc. lifted its holdings in shares of DoubleDown Interactive by 1.9% during the first quarter. B. Riley Financial Inc. now owns 3,854,440 shares of the company’s stock valued at $45,713,000 after purchasing an additional 70,404 shares during the last quarter. Institutional investors and hedge funds own 9.77% of the company’s stock.
DoubleDown Interactive Price Performance
Shares of DDI opened at $10.02 on Wednesday. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.05. DoubleDown Interactive Co., Ltd. has a twelve month low of $8.31 and a twelve month high of $17.88. The company has a market capitalization of $496.52 million and a P/E ratio of 18.91. The firm has a 50 day moving average of $9.86 and a 200 day moving average of $10.64.
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DoubleDown Interactive Company Profile
DoubleDown Interactive Co, Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers.
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