Short Interest in GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Declines By 7.0%

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 85,100 shares, a drop of 7.0% from the January 15th total of 91,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of GungHo Online Entertainment stock opened at $20.10 on Wednesday. GungHo Online Entertainment has a twelve month low of $20.10 and a twelve month high of $24.04. The business’s fifty day moving average price is $20.10 and its 200 day moving average price is $20.21.

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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