GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) Sees Significant Increase in Short Interest

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 648,000 shares, an increase of 11.8% from the July 15th total of 579,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 6,480.0 days.

GMO Payment Gateway Stock Performance

Shares of GMYTF stock opened at C$56.60 on Monday. GMO Payment Gateway has a 1-year low of C$56.60 and a 1-year high of C$56.60. The firm’s 50-day simple moving average is C$56.53 and its 200-day simple moving average is C$56.50.

GMO Payment Gateway Company Profile

GMO Payment Gateway, Inc, together with its subsidiaries, provides financial services and integrated payment related services. The company offers online payment system comprising PG multi-payment service, a payment system that allows to select payment methods, such as credit card payment and CVS payment; Ginko Pay Base System, a smartphone app that enables payments to be made by an immediate debit from the bank account; and GMO-PG processing platform, which helps financial institutions and financial service providers in the business of payment-related services by enabling payment infrastructure building, as well as security and GMO payment after delivery services.