Global Mofy AI Limited (NASDAQ:GMM) Sees Significant Decline in Short Interest

Global Mofy AI Limited (NASDAQ:GMM) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 66,186 shares, a drop of 13.7% from the January 29th total of 76,659 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 13,175 shares, the short-interest ratio is currently 5.0 days. Based on an average daily trading volume, of 13,175 shares, the short-interest ratio is currently 5.0 days. Currently, 0.2% of the company’s stock are sold short.

Global Mofy AI Trading Up 1.7%

Shares of Global Mofy AI stock traded up $0.02 during trading on Wednesday, hitting $1.19. The stock had a trading volume of 3,628 shares, compared to its average volume of 100,689. Global Mofy AI has a 12 month low of $0.94 and a 12 month high of $4.75. The business’s 50-day moving average is $1.28 and its 200 day moving average is $1.64.

Global Mofy AI (NASDAQ:GMM) last posted its earnings results on Friday, January 9th. The company reported ($1.03) EPS for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Global Mofy AI in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

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.