GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Sees Significant Increase in Short Interest

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 69,500 shares, an increase of 19.6% from the October 31st total of 58,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of GUNGF opened at $24.04 on Friday. The stock has a 50 day simple moving average of $20.90 and a 200 day simple moving average of $18.97. GungHo Online Entertainment has a 52-week low of $24.04 and a 52-week high of $24.04.

GungHo Online Entertainment Company Profile

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.