Global Mofy Metaverse Limited (NASDAQ:GMM) Sees Large Increase in Short Interest

Global Mofy Metaverse Limited (NASDAQ:GMM) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 69,700 shares, an increase of 27.0% from the February 28th total of 54,900 shares. Based on an average trading volume of 85,200 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Global Mofy Metaverse Stock Performance

Shares of GMM stock traded up $0.13 during mid-day trading on Wednesday, hitting $3.44. The company’s stock had a trading volume of 16,825 shares, compared to its average volume of 130,542. The company’s fifty day simple moving average is $3.88 and its 200-day simple moving average is $5.22. Global Mofy Metaverse has a 52 week low of $3.00 and a 52 week high of $28.20.

Global Mofy Metaverse Company Profile

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.