Codere Online Luxembourg, S.A. (NASDAQ:CDRO) Short Interest Update

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 379,300 shares, a decline of 6.3% from the October 15th total of 404,800 shares. Based on an average trading volume of 52,100 shares, the short-interest ratio is currently 7.3 days. Approximately 2.6% of the company’s shares are short sold.

Hedge Funds Weigh In On Codere Online Luxembourg

A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC lifted its stake in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 98.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,801 shares of the company’s stock after acquiring an additional 39,601 shares during the period. Renaissance Technologies LLC owned 0.18% of Codere Online Luxembourg worth $650,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 10.30% of the company’s stock.

Codere Online Luxembourg Trading Down 0.9 %

Shares of Codere Online Luxembourg stock traded down $0.07 during trading hours on Monday, reaching $7.83. 23,219 shares of the company’s stock were exchanged, compared to its average volume of 42,588. Codere Online Luxembourg has a 52-week low of $2.90 and a 52-week high of $8.76. The company has a fifty day moving average of $8.05 and a 200-day moving average of $7.80.

About Codere Online Luxembourg

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.