Goldmoney Inc. (OTCMKTS:XAUMF) Sees Large Drop in Short Interest

Goldmoney Inc. (OTCMKTS:XAUMFGet Free Report) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,456 shares, a decline of 62.5% from the January 15th total of 3,885 shares. Based on an average daily trading volume, of 16,888 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 16,888 shares, the days-to-cover ratio is currently 0.1 days.

Goldmoney Stock Performance

Shares of OTCMKTS:XAUMF opened at $10.45 on Wednesday. The stock’s 50-day moving average is $7.85 and its 200 day moving average is $7.57. Goldmoney has a 1 year low of $5.34 and a 1 year high of $10.70.

About Goldmoney

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Goldmoney Inc (OTCMKTS: XAUMF) is a financial technology company specializing in the custody, storage and transacting of precious metals. Founded as BitGold in 2014 and rebranded to Goldmoney in 2015, the firm offers a platform where clients can buy, sell and securely hold allocated gold, silver, platinum and palladium. Its services are designed to combine the stability and intrinsic value of physical bullion with the convenience of modern electronic payments and transfers.

Through the Goldmoney platform, individuals and institutions can open multi-currency accounts that facilitate instant settlement in precious metals or fiat currencies.

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