GMO internet group, Inc. (OTCMKTS:GMOYF) Sees Large Drop in Short Interest

GMO internet group, Inc. (OTCMKTS:GMOYF) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 59,800 shares, a decrease of 29.4% from the February 13th total of 84,700 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 199.3 days.

GMO internet group Stock Performance

OTCMKTS:GMOYF remained flat at $21.31 during mid-day trading on Monday. The business’s 50 day moving average is $17.89 and its 200-day moving average is $17.31. GMO internet group has a 52 week low of $13.95 and a 52 week high of $21.31.

GMO internet group Company Profile

GMO internet group, Inc provides various Internet services worldwide. The company offers Internet infrastructure services in the areas of domain, hosting, cloud, security, payments, e-commerce support, website production support, WiFi providers, customer support, electronic seals, online shopping, and others.