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

Gamma Communications plc (OTCMKTS:GAMCF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 209,500 shares, an increase of 5.3% from the November 30th total of 199,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Gamma Communications Price Performance

GAMCF opened at $13.14 on Friday. Gamma Communications has a twelve month low of $12.59 and a twelve month high of $13.85. The company has a 50-day simple moving average of $13.14 and a 200 day simple moving average of $13.14.

About Gamma Communications

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.