Short Interest in GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) Drops By 9.2%

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 514,900 shares, a decline of 9.2% from the October 31st total of 567,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

GMO Payment Gateway Price Performance

Shares of OTCMKTS GMYTF remained flat at C$58.35 during mid-day trading on Tuesday. The company’s 50-day moving average price is C$57.89 and its two-hundred day moving average price is C$57.02. GMO Payment Gateway has a 1-year low of C$56.60 and a 1-year high of C$58.35.

About GMO Payment Gateway

GMO Payment Gateway, Inc, together with its subsidiaries, provides financial services and integrated payment related services. The company offers online payment system comprising PG multi-payment service, a payment system that allows to select payment methods, such as credit card payment and CVS payment; Ginko Pay Base System, a smartphone app that enables payments to be made by an immediate debit from the bank account; and GMO-PG processing platform, which helps financial institutions and financial service providers in the business of payment-related services by enabling payment infrastructure building, as well as security and GMO payment after delivery services.