GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) Short Interest Up 18.4% in August

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 807,100 shares, a growth of 18.4% from the August 15th total of 681,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 8,071.0 days.

GMO Payment Gateway Stock Performance

GMO Payment Gateway stock remained flat at C$56.60 during trading on Tuesday. The business’s 50 day simple moving average is C$56.58 and its 200 day simple moving average is C$56.52. GMO Payment Gateway has a one year low of C$56.60 and a one year high of C$56.60.

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.