Short Interest in Playtech plc (OTCMKTS:PYTCY) Expands By 5,375.3%

Playtech plc (OTCMKTS:PYTCY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 4,873 shares, a growth of 5,375.3% from the February 26th total of 89 shares. Based on an average daily trading volume, of 27,476 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 27,476 shares, the days-to-cover ratio is presently 0.2 days.

Playtech Stock Performance

Shares of PYTCY opened at $9.54 on Wednesday. The company’s fifty day moving average is $8.89 and its 200 day moving average is $8.01. Playtech has a fifty-two week low of $6.23 and a fifty-two week 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.