CD Projekt S.A. (OTCMKTS:OTGLY) Sees Significant Growth in Short Interest

CD Projekt S.A. (OTCMKTS:OTGLY) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 4,858 shares, a growth of 87.5% from the April 15th total of 2,591 shares. Based on an average daily trading volume, of 25,589 shares, the short-interest ratio is presently 0.2 days.

CD Projekt Trading Up 5.3%

OTCMKTS:OTGLY traded up $0.93 during mid-day trading on Tuesday, hitting $18.55. 1,168 shares of the company’s stock traded hands, compared to its average volume of 17,349. The company has a fifty day moving average of $17.49 and a 200 day moving average of $17.30. CD Projekt has a twelve month low of $14.33 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.