Diametric Capital LP Has $250,000 Stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Diametric Capital LP boosted its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 183.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,743 shares of the company’s stock after purchasing an additional 25,068 shares during the period. Diametric Capital LP owned about 0.09% of Codere Online Luxembourg worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CDRO. Raymond James Financial Inc. acquired a new stake in shares of Codere Online Luxembourg in the fourth quarter valued at about $64,000. Exchange Traded Concepts LLC acquired a new position in shares of Codere Online Luxembourg during the 4th quarter worth approximately $364,000. Finally, FNY Investment Advisers LLC raised its stake in shares of Codere Online Luxembourg by 194.9% during the 4th quarter. FNY Investment Advisers LLC now owns 368,177 shares of the company’s stock worth $2,374,000 after purchasing an additional 243,330 shares in the last quarter. 10.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Stifel Nicolaus restated a “buy” rating and set a $10.00 target price on shares of Codere Online Luxembourg in a report on Monday, December 30th.

Codere Online Luxembourg Trading Down 2.9 %

Shares of NASDAQ:CDRO opened at $7.04 on Wednesday. Codere Online Luxembourg, S.A. has a 52-week low of $5.75 and a 52-week high of $8.76. The company has a 50-day simple moving average of $7.25 and a 200 day simple moving average of $7.44.

About Codere Online Luxembourg

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.