Short Interest in MultiMetaVerse Holdings Limited (NASDAQ:MMV) Increases By 50.1%

MultiMetaVerse Holdings Limited (NASDAQ:MMV) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 121,400 shares, a growth of 50.1% from the June 30th total of 80,900 shares. Based on an average daily volume of 2,390,000 shares, the short-interest ratio is presently 0.1 days. Approximately 1.7% of the company’s shares are short sold.

MultiMetaVerse Stock Performance

MMV stock traded up $0.05 on Monday, hitting $0.70. 114,840 shares of the company were exchanged, compared to its average volume of 1,116,074. MultiMetaVerse has a twelve month low of $0.45 and a twelve month high of $2.05. The business’s fifty day moving average is $0.63 and its two-hundred day moving average is $0.78.

MultiMetaVerse Company Profile

MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People's Republic of China. It offers a product portfolio, including animated content, comic books, short videos, collectibles, stationery, consumer products, and mobile games under the Aotu World brand, as well as action figures, stuffed dolls, apparel, costumes, trading cards, and other collectibles and functional items.