Embracer Group AB (publ) (OTCMKTS:THQQF) Sees Significant Drop in Short Interest

Embracer Group AB (publ) (OTCMKTS:THQQF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,080,100 shares, a decline of 27.5% from the March 15th total of 1,489,400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 2,700.3 days.

Embracer Group AB (publ) Stock Performance

Shares of OTCMKTS THQQF remained flat at $11.23 during mid-day trading on Friday. The business has a 50-day moving average of $11.36 and a two-hundred day moving average of $7.40. Embracer Group AB has a 12-month low of $10.50 and a 12-month high of $23.96.

Embracer Group AB (publ) Company Profile

Embracer Group AB (publ), together with its subsidiaries, develops and publishes PC, console, mobile, VR, and board games for the games market worldwide. The company also publishes films and comic books, as well as engages in the trading of card games. It distributes games through retailers, physical stores, and digital distributors.