GIBO HOLDINGS Ltd (NASDAQ:GIBO) Sees Large Decrease in Short Interest

GIBO HOLDINGS Ltd (NASDAQ:GIBOGet Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 2,263 shares, a drop of 40.4% from the July 15th total of 3,800 shares. Based on an average daily volume of 7,874 shares, the short-interest ratio is currently 0.3 days. Currently, 1.5% of the company’s stock are sold short.

GIBO Stock Performance

GIBO stock opened at $29.11 on Monday. GIBO has a fifty-two week low of $22.60 and a fifty-two week high of $203.50. The firm’s 50-day simple moving average is $29.64 and its 200 day simple moving average is $32.93.

GIBO (NASDAQ:GIBOGet Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($812.50) EPS for the quarter.

About GIBO

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Global IBO Group Ltd. is a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators. Global IBO Group Ltd., formerly known as Bukit Jalil Global Acquisition 1 Ltd., is based in NEW YORK.

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