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

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

The Gym Group Stock Performance

OTCMKTS:GYYMF remained flat at $2.20 during trading hours on Monday. The Gym Group has a fifty-two week low of $2.20 and a fifty-two week high of $2.67. The business’s fifty day moving average price is $2.42 and its two-hundred day moving average price is $2.37.

About The Gym Group

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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.

Further Reading

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