GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Short Interest Down 53.1% in September

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 68,000 shares, a drop of 53.1% from the September 15th total of 144,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

GungHo Online Entertainment Price Performance

Shares of OTCMKTS:GUNGF remained flat at $19.28 during trading on Friday. The firm has a 50-day moving average price of $19.28 and a 200-day moving average price of $17.52. GungHo Online Entertainment has a 52 week low of $15.54 and a 52 week high of $19.28.

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.