Short Interest in Frontier Developments plc (OTCMKTS:FRRDF) Drops By 58.6%

Frontier Developments plc (OTCMKTS:FRRDF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,471 shares, a decline of 58.6% from the June 15th total of 3,557 shares. Based on an average trading volume of 40 shares, the short-interest ratio is presently 36.8 days.

Frontier Developments Stock Performance

OTCMKTS FRRDF remained flat at $6.00 on Wednesday. The business’s fifty day moving average price is $5.83 and its 200 day moving average price is $6.22. Frontier Developments has a one year low of $5.50 and a one year high of $7.30.

About Frontier Developments

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.