CD Projekt S.A. (OTCMKTS:OTGLY) Stock Short Interest Declines 79.8%

CD Projekt S.A. (OTCMKTS:OTGLY) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 437 shares, a decline of 79.8% from the September 15th total of 2,167 shares. Based on an average daily volume of 20,207 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

CD Projekt Stock Performance

OTCMKTS:OTGLY opened at $16.70 on Tuesday. The company’s 50-day moving average is $16.37 and its two-hundred day moving average is $16.47. CD Projekt has a 12-month low of $14.16 and a 12-month high of $20.50.

Analyst Upgrades and Downgrades

Separately, Barclays reiterated an “underweight” rating on shares of CD Projekt in a report on Friday, August 28th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

About CD Projekt

CD Projekt SA is a Poland-based video game company best known for developing story-driven role-playing games through its CD Projekt RED studio. Its principal franchises include The Witcher and Cyberpunk, with titles such as The Witcher 3: Wild Hunt and Cyberpunk 2077. The company also develops and publishes related downloadable content, expansions and other digital entertainment products.

CD Projekt also operates GOG.com, a digital distribution platform that sells PC and selected console games.