GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Short Interest Up 23.2% in February

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 136,646 shares, a growth of 23.2% from the February 12th total of 110,926 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of GUNGF stock opened at $15.40 on Friday. GungHo Online Entertainment has a 12-month low of $15.40 and a 12-month high of $21.15. The business’s 50 day moving average is $15.39 and its two-hundred day moving average is $17.77.

GungHo Online Entertainment Company Profile

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GungHo Online Entertainment Inc is a Japan-based interactive entertainment company specializing in the development and publication of digital games. Established in 1998 under the name ONSale Co, Ltd. and renamed GungHo in 2003, the company has built a portfolio centered on free-to-play mobile titles, PC and console games, and related digital content services. Headquartered in Tokyo, GungHo leverages its proprietary platform technologies to deliver interactive experiences across a variety of devices.

The company’s flagship product is Puzzle & Dragons, a match-three puzzle game with role-playing elements that has achieved significant global download milestones.

Further Reading

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