Codere Online Luxembourg, S.A. (NASDAQ:CDROW) Stock Short Interest Report for October

Codere Online Luxembourg, S.A. (NASDAQ:CDROW) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 4,564 shares, a decline of 46.2% from the September 30th total of 8,488 shares. Based on an average daily volume of 18,365 shares, the short-interest ratio is presently 0.2 days.

Codere Online Luxembourg Price Performance

NASDAQ:CDROW traded down $0.01 during trading hours on Friday, hitting $0.10. 200 shares of the stock traded hands, compared to its average volume of 14,117. The firm has a 50 day moving average price of $0.40 and a 200 day moving average price of $0.66. Codere Online Luxembourg has a fifty-two week low of $0.05 and a fifty-two week high of $0.98.

About Codere Online Luxembourg

Codere Online Luxembourg SA is an online gaming company that operates under the Codere brand. The company offers internet-based sports betting and casino gaming through websites and mobile applications, providing customers with access to betting markets on major sporting events and a range of online casino products.

Codere Online developed from the digital gaming operations of Codere Group, a multinational gaming company with a history in retail betting and gaming. The online business began expanding in Spanish-speaking markets during the 2010s and became a publicly traded company in the United States in 2021 through a business combination with a special purpose acquisition company.

The company primarily serves customers in regulated markets across Latin America and Europe, including Spain, Mexico, Colombia and Argentina, with its available products and operations subject to local licensing requirements.