CD Projekt S.A. (OTCMKTS:OTGLY) Short Interest Down 98.5% in January

CD Projekt S.A. (OTCMKTS:OTGLY) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 98 shares, a decrease of 98.5% from the December 31st total of 6,408 shares. Based on an average daily volume of 21,230 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 21,230 shares, the short-interest ratio is presently 0.0 days.

CD Projekt Price Performance

OTCMKTS OTGLY traded up $1.03 during trading on Wednesday, hitting $20.14. 12,632 shares of the company traded hands, compared to its average volume of 9,910. CD Projekt has a 12 month low of $10.83 and a 12 month high of $20.22. The business has a fifty day simple moving average of $17.18 and a 200 day simple moving average of $17.37.

Analyst Ratings Changes

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

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.