GMO INTERNET INC ORDINARY SHARES JAPAN (OTCMKTS:GMOYF) Shorted Shares Increased By 33.2%

GMO INTERNET INC ORDINARY SHARES JAPAN (OTCMKTS:GMOYF) Shorted Shares Increased By 33.2%

GMO INTERNET INC ORDINARY SHARES JAPAN (OTCMKTS:GMOYF) Shorted Shares Increased By 33.2%
Courtesy: Julianne Kam | News Source: investtribune.com

The stock of GMO INTERNET INC ORDINARY SHARES JAPAN (OTCMKTS:GMOYF) registered an increase of 33.2% in short interest. GMOYF’s total short interest was 943,300 shares in April as published by FINRA. Its up 33.2% from 708,200 shares, reported previously. With 7,500 shares average volume, it will take short sellers 126 days to cover their GMOYF’s short positions.

The stock decreased 4.71% or $0.76 during the last trading session, reaching $15.39. About 531 shares traded. GMO Internet, Inc. (OTCMKTS:GMOYF) has 0.00% since April 27, 2018 and is . It has underperformed by 4.37% the S&P500.

GMO Internet, Inc. provides various Internet services worldwide. The company has market cap of $1.78 billion. It offers Internet infrastructure services, including domain registration, Web hosting, Web design, Internet security, e-commerce tools, and payment processing; and online advertising and media, and search engine marketing services, as well as JWord, a Japanese language search tool. It has a 18.88 P/E ratio. The firm also provides FX trading services on the Internet to retail investors.

More news for GMO Internet, Inc. (OTCMKTS:GMOYF) were recently published by: Seekingalpha.com, which released: “GMO Internet, Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 10, 2018. Investorplace.com‘s article titled: “3 Shiny New Crypto and Blockchain ETFs – Investorplace.com” and published on May 15, 2018 is yet another important article.