Goldmoney Inc. (OTCMKTS:XAUMF) Stock Short Interest Drops 49.5%

Goldmoney Inc. (OTCMKTS:XAUMF – Get Free Report) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 231 shares, a decline of 49.5% from the August 31st total of 457 shares. Based on an average daily volume of 3,187 shares, the days-to-cover ratio is currently 0.1 days.

Goldmoney Price Performance

Shares of OTCMKTS:XAUMF opened at $9.59 on Wednesday. The firm has a 50 day simple moving average of $10.10 and a 200 day simple moving average of $10.98. Goldmoney has a one year low of $7.19 and a one year high of $14.08.

Goldmoney Company Profile

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Goldmoney Inc is a precious-metals financial services company that provides individuals and institutions with access to physical bullion. Through its Goldmoney platform, customers can buy, sell and hold gold, silver, platinum and palladium, with holdings generally maintained as allocated metal rather than as synthetic or unallocated claims.

The company’s services include online precious-metals accounts, custody and storage arrangements, and related transactional capabilities. Goldmoney has used professional vaulting facilities in multiple jurisdictions to support the storage and administration of customers’ bullion, serving clients in a range of international markets.

The business traces its roots to GoldMoney, a precious-metals platform founded by James Turk, and was subsequently associated with BitGold before adopting the Goldmoney name.

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