GMO internet group, Inc. (OTCMKTS:GMOYF – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 84,145 shares, a decline of 44.1% from the July 15th total of 150,446 shares. Based on an average daily trading volume, of 74 shares, the days-to-cover ratio is currently 1,137.1 days.
GMO internet group Stock Performance
OTCMKTS:GMOYF remained flat at $25.00 during mid-day trading on Monday. The stock’s 50 day simple moving average is $21.86 and its 200-day simple moving average is $20.88. GMO internet group has a 52 week low of $16.20 and a 52 week high of $26.00.
About GMO internet group
GMO Internet Group (OTCMKTS: GMOYF) is a Tokyo-based conglomerate that provides a broad range of internet infrastructure and online services. Its core offerings include domain registration, web hosting, SSL security certificates and cloud computing platforms. Through subsidiaries such as GMO Internet and GMO Cloud, the group serves individuals and businesses seeking reliable digital presence solutions, while its GMO Payment Gateway arm offers online payment processing and e-commerce support.
In addition to infrastructure services, the company operates in the fields of internet advertising and financial technology.
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