GungHo Online Entertainment, Inc. (OTCMKTS:GUNGF – Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 214,259 shares, a growth of 56.8% from the February 26th total of 136,646 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
GungHo Online Entertainment Stock Performance
Shares of GUNGF remained flat at $15.40 during mid-day trading on Friday. The company’s 50-day simple moving average is $15.39 and its 200 day simple moving average is $17.39. GungHo Online Entertainment has a 12-month low of $15.40 and a 12-month high of $21.15.
GungHo Online Entertainment Company Profile
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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