GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Short Interest Down 51.9% in February

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 110,926 shares, a decline of 51.9% from the January 29th total of 230,694 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

GungHo Online Entertainment Price Performance

Shares of OTCMKTS GUNGF remained flat at $15.40 during midday trading on Friday. The firm has a 50-day moving average price of $15.39 and a two-hundred day moving average price of $18.19. GungHo Online Entertainment has a 52-week low of $15.40 and a 52-week high of $21.15.

About GungHo Online Entertainment

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.