Global Mofy AI Limited (NASDAQ:GMM) Stock Short Interest Report for September

Global Mofy AI Limited (NASDAQ:GMM) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 16,475 shares, a decrease of 60.0% from the September 15th total of 41,148 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 22,607 shares, the days-to-cover ratio is presently 0.7 days.

Global Mofy AI Stock Down 2.0%

Shares of GMM stock traded down $0.03 on Tuesday, hitting $1.60. 7,637 shares of the stock were exchanged, compared to its average volume of 1,506,523. The business has a 50-day moving average of $2.27 and a 200 day moving average of $21.60. Global Mofy AI has a fifty-two week low of $1.54 and a fifty-two week high of $101.00.

Global Mofy AI (NASDAQ:GMM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($35.11) earnings per share (EPS) for the quarter. The company had revenue of $19.97 million during the quarter.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Global Mofy AI to a “sell” rating in a research report on Saturday, June 27th. Weiss Ratings upgraded shares of Global Mofy AI from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Global Mofy AI Company Profile

Global Mofy AI, also known as Global Mofy Metaverse Limited, is a technology solutions company focused on virtual content production and digital asset development. The company uses artificial intelligence, computer-generated imagery and other digital technologies to create visual content and three-dimensional assets for businesses in the media, entertainment, advertising and related industries.

Its offerings include the development and licensing of 3D digital assets, virtual characters, digital environments and other computer-generated content.