Short Interest in Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Rises By 71.6%

Paradox Interactive AB (publ) (OTCMKTS:PRXXFGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 16,907 shares, an increase of 71.6% from the January 29th total of 9,853 shares. Based on an average trading volume of 304 shares, the short-interest ratio is presently 55.6 days. Based on an average trading volume of 304 shares, the short-interest ratio is presently 55.6 days.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities lowered shares of Paradox Interactive AB (publ) from a “buy” rating to a “hold” rating in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Paradox Interactive AB (publ) has a consensus rating of “Hold”.

Check Out Our Latest Report on Paradox Interactive AB (publ)

Paradox Interactive AB (publ) Price Performance

Shares of PRXXF stock opened at $13.45 on Friday. Paradox Interactive AB has a one year low of $13.15 and a one year high of $21.70. The company has a 50 day moving average price of $16.17 and a 200 day moving average price of $17.61.

About Paradox Interactive AB (publ)

(Get Free Report)

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.

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