GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Sees Significant Decline in Short Interest

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 74,967 shares, a decrease of 49.7% from the June 15th total of 149,025 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

GungHo Online Entertainment Stock Performance

Shares of GungHo Online Entertainment stock remained flat at $15.80 on Thursday. GungHo Online Entertainment has a 1 year low of $15.39 and a 1 year high of $15.80. The company has a 50 day simple moving average of $15.74 and a 200-day simple moving average of $15.51.

About GungHo Online Entertainment

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GungHo Online Entertainment Inc is a Japan-based interactive entertainment company specializing in the development and publication of digital games. Established in 1998 under the name ONSale Co, Ltd. and renamed GungHo in 2003, the company has built a portfolio centered on free-to-play mobile titles, PC and console games, and related digital content services. Headquartered in Tokyo, GungHo leverages its proprietary platform technologies to deliver interactive experiences across a variety of devices.

The company’s flagship product is Puzzle & Dragons, a match-three puzzle game with role-playing elements that has achieved significant global download milestones.

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