Gamma Communications plc (OTCMKTS:GAMCF) Sees Significant Decrease in Short Interest

Gamma Communications plc (OTCMKTS:GAMCF) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 104,200 shares, a decline of 22.9% from the February 13th total of 135,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Gamma Communications Stock Performance

OTCMKTS:GAMCF remained flat at $13.14 on Wednesday. The business has a 50 day moving average of $13.14 and a 200 day moving average of $13.14. Gamma Communications has a 12 month low of $12.59 and a 12 month high of $13.85.

About Gamma Communications

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.