Short Interest in Goldmoney Inc. (OTCMKTS:XAUMF) Increases By 1,769.3%

Goldmoney Inc. (OTCMKTS:XAUMFGet Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 3,047 shares, a growth of 1,769.3% from the June 15th total of 163 shares. Based on an average daily volume of 3,367 shares, the days-to-cover ratio is currently 0.9 days.

Goldmoney Price Performance

OTCMKTS XAUMF remained flat at $10.53 during trading hours on Friday. The company’s stock had a trading volume of 39 shares, compared to its average volume of 4,044. The company’s 50-day simple moving average is $11.17 and its 200 day simple moving average is $10.67. Goldmoney has a 12 month low of $5.55 and a 12 month high of $14.08.

Goldmoney Company Profile

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Goldmoney Inc (OTCMKTS: XAUMF) is a financial technology company specializing in the custody, storage and transacting of precious metals. Founded as BitGold in 2014 and rebranded to Goldmoney in 2015, the firm offers a platform where clients can buy, sell and securely hold allocated gold, silver, platinum and palladium. Its services are designed to combine the stability and intrinsic value of physical bullion with the convenience of modern electronic payments and transfers.

Through the Goldmoney platform, individuals and institutions can open multi-currency accounts that facilitate instant settlement in precious metals or fiat currencies.

Further Reading

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