CD Projekt S.A. (OTCMKTS:OTGLY – Get Free Report) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 3,688 shares, a decrease of 76.4% from the May 31st total of 15,634 shares. Based on an average trading volume of 62,146 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
CD Projekt Trading Up 1.0%
Shares of CD Projekt stock traded up $0.15 on Monday, hitting $14.65. The company had a trading volume of 26,754 shares, compared to its average volume of 20,306. CD Projekt has a 52 week low of $14.30 and a 52 week high of $20.50. The business has a 50-day simple moving average of $17.03 and a 200-day simple moving average of $17.11.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on OTGLY shares. Oddo Bhf raised CD Projekt to a “neutral” rating in a research report on Thursday, June 4th. Zacks Research raised shares of CD Projekt to a “hold” rating in a research report on Monday, June 1st. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus 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.
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