Short Interest in Gamma Communications plc (OTCMKTS:GAMCF) Rises By 1,237.8%

Gamma Communications plc (OTCMKTS:GAMCF) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 59,012 shares, a growth of 1,237.8% from the January 15th total of 4,411 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

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

Gamma Communications Stock Performance

GAMCF stock remained flat at $9.59 during mid-day trading on Tuesday. Gamma Communications has a fifty-two week low of $9.59 and a fifty-two week high of $13.85. The firm’s fifty day moving average is $9.59 and its 200-day moving average is $11.71.

About Gamma Communications

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.