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

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 547,000 shares, a growth of 6.2% from the November 15th total of 514,900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 1,823.3 days.

GMO Payment Gateway Stock Performance

Shares of OTCMKTS:GMYTF opened at C$58.35 on Tuesday. The stock has a 50-day simple moving average of C$58.21 and a 200-day simple moving average of C$57.14. GMO Payment Gateway has a 1 year low of C$56.60 and a 1 year high of C$58.35.

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.