Short Interest in GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Expands By 122.4%

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 164,600 shares, a growth of 122.4% from the July 31st total of 74,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

GungHo Online Entertainment Stock Performance

OTCMKTS:GUNGF remained flat at $19.28 on Friday. GungHo Online Entertainment has a 12-month low of $15.54 and a 12-month high of $19.28. The business’s fifty day moving average price is $18.17 and its 200-day moving average price is $17.02.

About GungHo Online Entertainment

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.