GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF) Short Interest Down 49.7% in June

GungHo Online Entertainment, Inc. (OTCMKTS:GUNGFGet Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 74,967 shares, a drop of 49.7% from the June 15th total of 149,025 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ? days.

GungHo Online Entertainment Stock Performance

GUNGF remained flat at $15.80 during midday trading on Wednesday. The stock’s fifty day moving average price is $15.73 and its two-hundred day moving average price is $15.51. GungHo Online Entertainment has a 12-month low of $15.39 and a 12-month high of $15.80.

About GungHo Online Entertainment

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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.

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