Globe Telecom, Inc. (OTCMKTS:GTMEY) Stock Short Interest Rises 633.3%

Globe Telecom, Inc. (OTCMKTS:GTMEY – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 66 shares, a growth of 633.3% from the September 15th total of 9 shares. Based on an average trading volume of 45 shares, the days-to-cover ratio is presently 1.5 days.

Globe Telecom Stock Performance

Shares of OTCMKTS:GTMEY opened at $27.68 on Friday. Globe Telecom has a 1 year low of $27.68 and a 1 year high of $28.58. The business has a fifty day simple moving average of $26.16 and a 200 day simple moving average of $24.18.

About Globe Telecom

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Globe Telecom, Inc is a Philippine telecommunications and digital services company that provides mobile communications, fixed-line connectivity and broadband services. Its offerings include mobile voice, messaging and data plans, prepaid and postpaid services, home broadband, and related digital products marketed primarily under the Globe and TM brands.

The company also serves businesses and institutions through enterprise connectivity, information and communications technology, cloud, cybersecurity and managed solutions.

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