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

GMO Payment Gateway, Inc. (OTCMKTS:GMYTF) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 115,800 shares, a decrease of 35.4% from the May 15th total of 179,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

GMO Payment Gateway Price Performance

OTCMKTS GMYTF opened at C$58.35 on Monday. The company has a fifty day simple moving average of C$58.35 and a 200 day simple moving average of C$58.35. 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.