GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) Sees Significant Increase in Short Interest

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 536,200 shares, an increase of 14.0% from the May 31st total of 470,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

GMO Payment Gateway Stock Performance

Shares of GMYTF remained flat at C$56.49 during trading hours on Monday. GMO Payment Gateway has a 12-month low of C$41.19 and a 12-month high of C$56.73. The stock’s 50-day moving average price is C$56.48 and its 200 day moving average price is C$56.48.

About GMO Payment Gateway

GMO Payment Gateway, Inc, together with its subsidiaries, provides financial services and integrated payment related services. The company offers online payment system comprising PG multi-payment service, a payment system that allows to select payment methods, such as credit card payment and CVS payment; Ginko Pay Base System, a smartphone app that enables payments to be made by an immediate debit from the bank account; and GMO-PG processing platform, which helps financial institutions and financial service providers in the business of payment-related services by enabling payment infrastructure building, as well as security and GMO payment after delivery services.