The Gym Group plc (OTCMKTS:GYYMF) Sees Large Drop in Short Interest

by · The Cerbat Gem

The Gym Group plc (OTCMKTS:GYYMF – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,178 shares, a decline of 97.7% from the September 30th total of 51,749 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

The Gym Group Price Performance

The Gym Group stock remained flat at $2.20 during midday trading on Wednesday. The Gym Group has a one year low of $2.20 and a one year high of $2.67. The stock has a 50 day moving average price of $2.40 and a 200-day moving average price of $2.22.

The Gym Group Company Profile

(Get Free Report)

The Gym Group plc is a United Kingdom-based operator of low-cost, high-value fitness facilities. The company operates gyms under The Gym Group brand, offering members access to equipment for cardiovascular exercise, strength training and functional fitness in a self-service environment.

Its gyms are designed to provide extended or 24-hour access, with membership options intended to offer flexibility and affordability compared with traditional full-service health clubs. Facilities generally include a range of exercise equipment and may provide digital fitness content, personal training and other services to support members’ workouts.

The company was established in 2007 and has expanded its network across locations in England, Scotland and Wales, primarily serving urban and suburban communities.

See Also