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Codere Online Luxembourg (NASDAQ:CDRO) Stock Price Up 0.9% - Here's Why

Codere Online Luxembourg logo with Consumer Discretionary background

Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Get Free Report)'s share price was up 0.9% during trading on Tuesday . The company traded as high as $7.56 and last traded at $7.54. Approximately 41,530 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 47,566 shares. The stock had previously closed at $7.47.

Codere Online Luxembourg Stock Down 0.5%

The firm's fifty day moving average is $7.33 and its 200 day moving average is $7.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC boosted its holdings in Codere Online Luxembourg by 15.3% in the 1st quarter. FNY Investment Advisers LLC now owns 424,661 shares of the company's stock valued at $3,078,000 after purchasing an additional 56,484 shares during the last quarter. Diametric Capital LP lifted its holdings in shares of Codere Online Luxembourg by 183.3% in the 4th quarter. Diametric Capital LP now owns 38,743 shares of the company's stock worth $250,000 after acquiring an additional 25,068 shares during the last quarter. Hood River Capital Management LLC raised its position in Codere Online Luxembourg by 64.7% in the fourth quarter. Hood River Capital Management LLC now owns 25,596 shares of the company's stock valued at $165,000 after purchasing an additional 10,059 shares during the period. Raymond James Financial Inc. acquired a new position in Codere Online Luxembourg during the 4th quarter worth about $64,000. Finally, Geode Capital Management LLC grew its holdings in shares of Codere Online Luxembourg by 25.0% in the fourth quarter. Geode Capital Management LLC now owns 13,600 shares of the company's stock valued at $88,000 after purchasing an additional 2,723 shares in the last quarter. 10.30% of the stock is currently owned by institutional investors and hedge funds.

Codere Online Luxembourg Company Profile

(Get Free Report)

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.

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