Short Interest in Playtech plc (OTCMKTS:PYTCY) Drops By 99.4%

Playtech plc (OTCMKTS:PYTCY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 46 shares, a drop of 99.4% from the July 15th total of 8,337 shares. Based on an average trading volume of 4 shares, the short-interest ratio is presently 11.5 days.

Playtech Stock Down 0.6%

Shares of PYTCY stock opened at $10.45 on Thursday. The stock’s fifty day simple moving average is $9.54 and its 200 day simple moving average is $9.58. Playtech has a one year low of $6.23 and a one year high of $12.73.

Playtech Company Profile

Playtech plc, operating OTC as PYTCY, is a leading provider of software and services to the global online gambling and financial trading industries. Founded in 1999 by entrepreneur Teddy Sagi and headquartered in Douglas, Isle of Man, the company develops and licenses turnkey platforms for casinos, poker rooms, sports betting, live dealer games, bingo, virtual sports and financial trading. It delivers back‐end management tools, player account services and risk management solutions to licensed operators worldwide.

At the heart of Playtech’s offering is its unified platform that integrates content across multiple verticals, enabling operators to manage customer acquisition, retention, payments, analytics and compliance from a single interface.