Global Mofy Metaverse Limited (NASDAQ:GMM) Sees Significant Decline in Short Interest

Global Mofy Metaverse Limited (NASDAQ:GMM) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 54,900 shares, a drop of 29.6% from the February 13th total of 78,000 shares. Based on an average trading volume of 97,200 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the company are sold short.

Global Mofy Metaverse Stock Down 2.2 %

GMM traded down $0.10 during trading on Tuesday, hitting $4.25. The company’s stock had a trading volume of 5,218 shares, compared to its average volume of 132,517. Global Mofy Metaverse has a one year low of $3.01 and a one year high of $40.80. The business’s 50 day simple moving average is $3.88 and its 200-day simple moving average is $5.95.

About Global Mofy Metaverse

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs; and 3D rebuilt and artificial intelligence technologies using its Mofy Lab technology platform.