Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Short Interest Down 45.7% in May

Codere Online Luxembourg, S.A. (NASDAQ:CDROWGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,079 shares, a decrease of 45.7% from the April 30th total of 11,193 shares. Based on an average daily volume of 4,205 shares, the days-to-cover ratio is currently 1.4 days.

Codere Online Luxembourg Stock Up 4.1%

NASDAQ:CDROW opened at $0.75 on Monday. Codere Online Luxembourg has a fifty-two week low of $0.32 and a fifty-two week high of $1.18. The firm’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.73.

Codere Online Luxembourg Company Profile

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Codere Online Luxembourg SA (NASDAQ: CDROW) is a holding company established to consolidate and manage the digital gaming and sports-betting operations of Grupo Codere, one of Europe’s longstanding gaming enterprises. Headquartered in Luxembourg, the company oversees a portfolio of online platforms that deliver interactive wagering and casino experiences through desktop and mobile channels. It trades as an American depositary receipt on the Nasdaq, broadening its investor base while adhering to U.S.

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