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

Global Mofy Metaverse Limited (NASDAQ:GMM) saw a large increase in short interest during 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. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 85,200 shares, the days-to-cover ratio is presently 0.8 days.

Global Mofy Metaverse Trading Up 3.9 %

Shares of GMM stock opened at $3.44 on Thursday. The firm’s 50-day simple moving average is $3.88 and its 200-day simple moving average is $5.22. Global Mofy Metaverse has a 1-year low of $3.00 and a 1-year high of $28.20.

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.