GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Short Interest Update

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 395,200 shares, a growth of 141.6% from the September 15th total of 163,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 3,952.0 days.

GungHo Online Entertainment stock remained flat at $$18.80 during mid-day trading on Thursday. The company has a fifty day simple moving average of $18.12 and a two-hundred day simple moving average of $18.37. GungHo Online Entertainment has a twelve month low of $18.80 and a twelve month high of $18.80.

About GungHo Online Entertainment

GungHo Online Entertainment, Inc engages in the planning, development, operation and distribution of smartphone applications and online computer games. It also engages in the planning, development and sale of console games. The company was founded on July 1, 1998 and is headquartered in Tokyo, Japan.

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