Frontier Developments plc (OTCMKTS:FRRDF) Sees Large Drop in Short Interest

Frontier Developments plc (OTCMKTS:FRRDF) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 536 shares, a decline of 63.6% from the June 30th total of 1,471 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2.7 days.

Frontier Developments Price Performance

Frontier Developments stock remained flat at $6.00 during mid-day trading on Tuesday. Frontier Developments has a 52 week low of $5.50 and a 52 week high of $7.30. The company’s fifty day simple moving average is $5.90 and its two-hundred day simple moving average is $6.14.

Frontier Developments Company Profile

Frontier Developments Plc engages in the development of videogames. The company was founded by David John Braben on January 28, 1994 and is headquartered in Cambridge, the United Kingdom.