PLAYSTUDIOS, Inc. (NASDAQ:MYPSW) Sees Significant Drop in Short Interest

PLAYSTUDIOS, Inc. (NASDAQ:MYPSWGet Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 823 shares, a drop of 83.6% from the April 15th total of 5,023 shares. Based on an average daily volume of 2,968 shares, the short-interest ratio is presently 0.3 days.

PLAYSTUDIOS Stock Performance

Shares of NASDAQ:MYPSW remained flat at $0.00 during midday trading on Tuesday. 1,200 shares of the stock traded hands, compared to its average volume of 34,159. PLAYSTUDIOS has a 12-month low of $0.00 and a 12-month high of $0.03.

PLAYSTUDIOS Company Profile

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PLAYSTUDIOS, Inc operates as a free-to-play mobile gaming company that integrates real-world rewards into digital casino-style games. Known for titles such as myVEGAS Slots, POP! Slots and my KONAMI Slots, the company offers players the opportunity to earn loyalty points redeemable for hotel stays, dining, entertainment and other experiences at partner resorts and casinos. Its platform leverages partnerships with major hospitality and gaming brands to deliver a unique value proposition that blends social gaming with tangible benefits.

Founded in 2011 and headquartered in Las Vegas, Nevada, PLAYSTUDIOS has expanded its reach across North America, Europe and parts of Asia.

Further Reading

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