Global Mofy Metaverse Limited (NASDAQ:GMM) Short Interest Update

Global Mofy Metaverse Limited (NASDAQ:GMM) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 2,790,000 shares, an increase of 388.1% from the October 15th total of 571,600 shares. Approximately 25.3% of the shares of the stock are short sold. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is currently 0.9 days.

Global Mofy Metaverse Trading Up 4.8 %

Shares of GMM traded up $0.01 during mid-day trading on Wednesday, reaching $0.32. 1,632,743 shares of the company’s stock were exchanged, compared to its average volume of 1,781,507. Global Mofy Metaverse has a 52-week low of $0.30 and a 52-week high of $15.40. The company has a 50-day simple moving average of $0.61 and a two-hundred day simple moving average of $0.82.

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.