Gravity Co., Ltd. (NASDAQ:GRVY - Get Free Report) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 45,100 shares, a growth of 33.4% from the March 15th total of 33,800 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is presently 2.5 days. Approximately 0.6% of the company's shares are short sold.
Gravity Stock Performance
Shares of NASDAQ:GRVY traded up $0.22 during midday trading on Thursday, hitting $58.63. 8,350 shares of the company's stock traded hands, compared to its average volume of 28,387. Gravity has a twelve month low of $53.12 and a twelve month high of $88.85. The company has a market cap of $407.42 million, a PE ratio of 6.53 and a beta of 1.46. The firm's fifty day moving average price is $58.46 and its two-hundred day moving average price is $61.74.
Institutional Investors Weigh In On Gravity
A number of large investors have recently modified their holdings of the stock. Signaturefd LLC boosted its holdings in Gravity by 111.5% in the 4th quarter. Signaturefd LLC now owns 423 shares of the technology company's stock worth $27,000 after acquiring an additional 223 shares during the period. GAMMA Investing LLC grew its holdings in Gravity by 162.4% during the 4th quarter. GAMMA Investing LLC now owns 690 shares of the technology company's stock valued at $44,000 after purchasing an additional 427 shares in the last quarter. WealthCollab LLC increased its stake in Gravity by 91.6% during the 4th quarter. WealthCollab LLC now owns 979 shares of the technology company's stock worth $62,000 after buying an additional 468 shares during the period. R Squared Ltd acquired a new position in Gravity in the 4th quarter worth $52,000. Finally, Apis Capital Advisors LLC boosted its position in Gravity by 7.5% in the 4th quarter. Apis Capital Advisors LLC now owns 20,000 shares of the technology company's stock valued at $1,262,000 after buying an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 9.92% of the company's stock.
Gravity Company Profile
(
Get Free Report)
Gravity Co, Ltd. develops and publishes online and mobile games worldwide. It offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics.
Further Reading
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