Playtech plc (OTCMKTS:PYTCY) Short Interest Update

Playtech plc (OTCMKTS:PYTCY) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,400 shares, a drop of 50.7% from the March 15th total of 4,873 shares. Based on an average daily volume of 6,365 shares, the days-to-cover ratio is presently 0.4 days.

Playtech Price Performance

OTCMKTS:PYTCY opened at $9.72 on Friday. The company’s 50 day moving average is $9.35 and its 200-day moving average is $7.98. Playtech has a 12 month low of $6.23 and a 12 month high of $36.00.

Playtech Company Profile

Playtech plc, operating OTC as PYTCY, is a leading provider of software and services to the global online gambling and financial trading industries. Founded in 1999 by entrepreneur Teddy Sagi and headquartered in Douglas, Isle of Man, the company develops and licenses turnkey platforms for casinos, poker rooms, sports betting, live dealer games, bingo, virtual sports and financial trading. It delivers back‐end management tools, player account services and risk management solutions to licensed operators worldwide.

At the heart of Playtech’s offering is its unified platform that integrates content across multiple verticals, enabling operators to manage customer acquisition, retention, payments, analytics and compliance from a single interface.