Codere Online Luxembourg (NASDAQ:CDRO) Shares Up 13.2%

Codere Online Luxembourg, S.A. (NASDAQ:CDROGet Rating) shares shot up 13.2% on Wednesday . The company traded as high as $3.05 and last traded at $3.01. 14,651 shares were traded during trading, a decline of 37% from the average session volume of 23,311 shares. The stock had previously closed at $2.66.

Codere Online Luxembourg Stock Performance

The business’s 50 day moving average is $2.64 and its two-hundred day moving average is $3.47.

Institutional Trading of Codere Online Luxembourg

Hedge funds have recently bought and sold shares of the stock. Walleye Capital LLC purchased a new stake in Codere Online Luxembourg in the 2nd quarter worth $41,000. Mmbg Investment Advisors CO. purchased a new stake in Codere Online Luxembourg in the 1st quarter worth $87,000. Radcliffe Capital Management L.P. purchased a new stake in Codere Online Luxembourg in the 4th quarter worth $120,000. Exchange Traded Concepts LLC lifted its stake in Codere Online Luxembourg by 38.9% in the 2nd quarter. Exchange Traded Concepts LLC now owns 103,589 shares of the company’s stock worth $291,000 after purchasing an additional 29,023 shares in the last quarter. Finally, Castle Creek Arbitrage LLC purchased a new stake in Codere Online Luxembourg in the 4th quarter worth $305,000. Hedge funds and other institutional investors own 12.99% of the company’s stock.

Codere Online Luxembourg Company Profile

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Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. The company also offers online casino wagering products and services. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.

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