Short Interest in GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Increases By 22.6%

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 85,200 shares, a growth of 22.6% from the November 15th total of 69,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of OTCMKTS:GUNGF remained flat at $20.10 during trading on Friday. GungHo Online Entertainment has a 52 week low of $20.10 and a 52 week high of $24.04. The company has a 50-day simple moving average of $21.14 and a 200-day simple moving average of $19.21.

GungHo Online Entertainment Company Profile

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GungHo Online Entertainment, Inc plans, develops, operates, and distributes smartphone applications, console games, and online computer games. The company was formerly known as ONSale Co, Ltd. and changed its name to GungHo Online Entertainment, Inc in August 2002. GungHo Online Entertainment, Inc was incorporated in 1998 and is based in Tokyo, Japan.

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