GMO internet group, Inc. (OTCMKTS:GMOYF) Sees Significant Increase in Short Interest

GMO internet group, Inc. (OTCMKTS:GMOYF) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 62,400 shares, an increase of 27.6% from the January 15th total of 48,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 624.0 days.

GMO internet group Stock Performance

Shares of GMO internet group stock remained flat at $17.55 during midday trading on Friday. GMO internet group has a 12 month low of $13.95 and a 12 month high of $20.05. The business’s 50 day moving average price is $17.14 and its 200 day moving average price is $16.76.

About GMO internet group

GMO internet group, Inc provides various Internet services worldwide. The company offers Internet infrastructure services in the areas of domain, hosting, cloud, security, payments, e-commerce support, website production support, WiFi providers, customer support, electronic seals, online shopping, and others.