Short Interest in Gamma Communications plc (OTCMKTS:GAMCF) Increases By 33.0%

Gamma Communications plc (OTCMKTS:GAMCF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,411 shares, a growth of 33.0% from the December 31st total of 3,317 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Gamma Communications in a report on Thursday, January 8th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Gamma Communications presently has a consensus rating of “Buy”.

Gamma Communications Price Performance

Gamma Communications stock remained flat at $9.59 during midday trading on Tuesday. The business has a 50 day moving average of $9.59 and a 200-day moving average of $11.84. Gamma Communications has a 1 year low of $9.59 and a 1 year high of $13.85.

Gamma Communications Company Profile

Gamma Communications is a United Kingdom–based provider of cloud-based communication and connectivity solutions for businesses. The company offers a comprehensive suite of services including hosted telephony, SIP trunking, unified communications, mobile voice and data plans, as well as managed network and internet solutions. By integrating voice and data services on a single platform, Gamma enables customers to enhance collaboration, reduce complexity and consolidate billing under one provider.

Founded in the late 1990s and headquartered in Coventry, Gamma has developed its network infrastructure to deliver high-availability services across the UK and Ireland.