Short Interest in Frontier Developments plc (OTCMKTS:FRRDF) Declines By 63.6%

Frontier Developments plc (OTCMKTS:FRRDF) was the target of a large decline in short interest in the month of 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 days-to-cover ratio is presently 2.7 days.

Frontier Developments Stock Performance

OTCMKTS FRRDF opened at $6.00 on Monday. The stock’s 50 day moving average is $5.89 and its 200 day moving average is $6.15. Frontier Developments has a twelve month low of $5.50 and a twelve month 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.