GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) Sees Large Decrease in Short Interest

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 567,200 shares, a decrease of 14.1% from the October 15th total of 660,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 5,672.0 days.

GMO Payment Gateway Price Performance

Shares of GMYTF stock remained flat at C$58.35 during trading hours on Monday. GMO Payment Gateway has a 12-month low of C$56.60 and a 12-month high of C$58.35. The business has a 50-day moving average of C$57.51 and a 200-day moving average of C$56.87.

GMO Payment Gateway Company Profile

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.