CD Projekt S.A. (OTCMKTS:OTGLY) Short Interest Up 4,511.2% in February

CD Projekt S.A. (OTCMKTS:OTGLY) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 21,073 shares, an increase of 4,511.2% from the January 29th total of 457 shares. Based on an average daily trading volume, of 34,269 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 34,269 shares, the short-interest ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of CD Projekt in a research report on Friday, November 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

CD Projekt Price Performance

OTGLY traded up $0.64 during trading on Wednesday, hitting $17.45. The stock had a trading volume of 18,894 shares, compared to its average volume of 16,732. The stock has a 50 day simple moving average of $17.52 and a two-hundred day simple moving average of $17.40. CD Projekt has a twelve month low of $10.83 and a twelve month high of $20.50.

CD Projekt Company Profile

CD Projekt SA is a Poland-based video game developer, publisher and digital distribution company best known for its critically acclaimed Role-Playing Games (RPGs). Through its development arm CD Projekt Red, the company designs, develops and publishes blockbuster game franchises, including The Witcher series and Cyberpunk 2077. In addition to its core game development activities, CD Projekt operates GOG.com, a digital storefront offering a catalogue of DRM-free PC games, and provides related online services such as multiplayer support, game updates and community forums.

Founded in Warsaw in 1994 by Marcin Iwiński and Michał Kiciński, CD Projekt initially built its reputation by translating and distributing popular Western titles in Central Europe.