Gamma Communications plc (OTCMKTS:GAMCF) Sees Significant Drop in Short Interest

Gamma Communications plc (OTCMKTS:GAMCF – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 233 shares, a drop of 99.1% from the August 31st total of 25,607 shares. Based on an average trading volume of 752 shares, the days-to-cover ratio is currently 0.3 days.

Gamma Communications Stock Performance

Shares of OTCMKTS GAMCF opened at $15.14 on Friday. Gamma Communications has a 52-week low of $13.76 and a 52-week high of $15.14. The firm has a 50 day moving average price of $12.28 and a 200 day moving average price of $10.54.

About Gamma Communications

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Gamma Communications plc is a United Kingdom-based provider of business communications and technology services. The company supplies communications solutions to small and medium-sized businesses, larger enterprises, public-sector organizations and channel partners.

Its offerings include cloud-based voice and unified communications, business broadband and connectivity, mobile services, contact-center solutions, communications software and cybersecurity services. Gamma also provides hosted telephony and collaboration tools designed to support remote and hybrid working environments.

Founded in 2001, Gamma has expanded beyond the United Kingdom and serves customers across several European markets, including the Netherlands, Spain and Germany.

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