Gamma Communications plc (OTCMKTS:GAMCF) Stock Short Interest Climbs 4,892.9%

Gamma Communications plc (OTCMKTS:GAMCF) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 70,000 shares, an increase of 4,892.9% from the October 15th total of 1,402 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Gamma Communications Price Performance

Shares of Gamma Communications stock opened at $15.14 on Wednesday. Gamma Communications has a one year low of $13.76 and a one year high of $15.14. The business’s 50 day simple moving average is $15.14 and its two-hundred day simple moving average is $11.15.

About Gamma Communications

Gamma Communications plc is a communications technology company that provides business connectivity and cloud-based communications services. The company primarily serves small and medium-sized enterprises, larger organizations and public-sector customers through a network of channel partners and direct sales operations. Its product portfolio includes hosted voice and unified communications services, cloud telephone systems, SIP trunking, business broadband, mobile communications, contact-center solutions and communications tools integrated with platforms such as Microsoft Teams.