Citadel Advisors LLC Lowers Stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Citadel Advisors LLC lessened its position in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 51.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,596 shares of the company’s stock after selling 11,235 shares during the period. Citadel Advisors LLC’s holdings in Codere Online Luxembourg were worth $68,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in Codere Online Luxembourg during the fourth quarter valued at about $64,000. Geode Capital Management LLC grew its position in Codere Online Luxembourg by 25.0% during the fourth quarter. Geode Capital Management LLC now owns 13,600 shares of the company’s stock valued at $88,000 after acquiring an additional 2,723 shares during the period. Diametric Capital LP grew its position in Codere Online Luxembourg by 183.3% during the fourth quarter. Diametric Capital LP now owns 38,743 shares of the company’s stock valued at $250,000 after acquiring an additional 25,068 shares during the period. Finally, Hood River Capital Management LLC lifted its stake in shares of Codere Online Luxembourg by 64.7% during the fourth quarter. Hood River Capital Management LLC now owns 25,596 shares of the company’s stock worth $165,000 after purchasing an additional 10,059 shares in the last quarter. Hedge funds and other institutional investors own 10.30% of the company’s stock.

Codere Online Luxembourg Stock Performance

Shares of CDRO opened at $7.54 on Wednesday. The stock’s 50-day moving average is $7.31 and its two-hundred day moving average is $7.19. Codere Online Luxembourg, S.A. has a 12 month low of $5.75 and a 12 month high of $8.76.

Codere Online Luxembourg Profile

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.