Flutter Entertainment plc (OTCMKTS:PDYPY) Short Interest Update

Flutter Entertainment plc (OTCMKTS:PDYPY – Get Rating) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 200 shares, down 80.0% from November 30th’s total of 1,000 shares. Based on an average trading volume of 47,300 shares, the short interest indicator is currently 0.0 days.

Courtesy of Flutter Entertainment

OTCMKTS PDYPY traded down $1.69 during trading hours on Wednesday, reaching $68.31. 9,586 shares of the company exchanged hands, compared to its average volume of 45,743. Flutter Entertainment has a one year low of $43.71 and a one year high of $81.55. The company’s 50-day moving average is $69.01, and its two-hundred-day moving average is $59.95.

Wall Street analysts predict growth

Several research analysts have recently issued reports on the company. Exane BNP Paribas initiated coverage on Flutter Entertainment in a research report on Thursday, October 6th. They issued an “outperform” rating on the stock. Barclays lowered Flutter Entertainment from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 19th. JPMorgan Chase & Co. boosted their price target on shares of Flutter Entertainment from £148 ($178.61) to £161 ($194.30) in a research note on Wednesday, November 30th. Jefferies Financial Group upped their target price on shares of Flutter Entertainment from £129 ($155.68) to £150 ($181.03) in a research note on Wednesday, November 16th. Finally, Citigroup lowered shares of Flutter Entertainment from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Average Buy” and an average target price of $15,000.00, based on data from MarketBeat.com.

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About Flutter Entertainment

(Get Rating)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States and internationally. The company operates in four sectors: UK & Ireland, Australia, International & USA. It offers sports betting and sports betting exchange products, daily fantasy sports betting products and pari-mutuel betting products. fixed odds game betting products. online games and casinos; peer-to-peer games, including online bingo, rummy and poker; and business-to-business services.

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Further reading

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