Global Mofy AI Limited (NASDAQ:GMM) Short Interest Up 31.6% in December

Global Mofy AI Limited (NASDAQ:GMM) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 77,582 shares, an increase of 31.6% from the December 15th total of 58,975 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 38,004 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 38,004 shares, the short-interest ratio is currently 2.0 days. Approximately 0.3% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Global Mofy AI in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Global Mofy AI Price Performance

NASDAQ GMM traded down $0.09 during midday trading on Friday, hitting $1.43. The company had a trading volume of 11,998 shares, compared to its average volume of 47,334. Global Mofy AI has a twelve month low of $0.94 and a twelve month high of $4.75. The firm has a 50-day moving average price of $1.42 and a 200-day moving average price of $1.97.

Global Mofy AI (NASDAQ:GMM) last announced its quarterly earnings data on Friday, January 9th. The company reported ($1.03) earnings per share (EPS) for the quarter.

Global Mofy AI 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. The company also grants use right of digital assets for various applications, such as movies, TV series, AR/VR, animation, advertising, and gaming.