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

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) was the recipient of a significant increase in short interest in the month of 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 volume of 0 shares, the days-to-cover ratio is currently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of OTCMKTS:GUNGF remained flat at $24.04 on Monday. GungHo Online Entertainment has a twelve month low of $24.04 and a twelve month high of $24.04. The stock has a 50-day moving average of $20.90 and a two-hundred day moving average of $18.98.

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.