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

Embracer Group AB (publ) (OTCMKTS:THQQF) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,466,000 shares, an increase of 22.9% from the February 13th total of 1,193,100 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 1,832.5 days.

Embracer Group AB (publ) Stock Performance

THQQF stock opened at $11.15 on Tuesday. The business has a fifty day simple moving average of $12.01 and a 200-day simple moving average of $5.94. Embracer Group AB has a 52 week low of $8.64 and a 52 week 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.