Mixed Martial Arts Group Ltd (NYSEAMERICAN:MMA) Sees Large Growth in Short Interest

Mixed Martial Arts Group Ltd (NYSEAMERICAN:MMA) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,036,961 shares, a growth of 140.9% from the August 15th total of 430,437 shares. Based on an average trading volume of 33,612,218 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.9% of the shares of the stock are sold short.

Mixed Martial Arts Group Stock Performance

NYSEAMERICAN:MMA traded up $0.02 during trading hours on Friday, reaching $0.42. 370,274 shares of the company were exchanged, compared to its average volume of 2,660,740. The stock’s 50-day moving average is $0.45 and its 200-day moving average is $0.50. Mixed Martial Arts Group has a twelve month low of $0.35 and a twelve month high of $2.00.

Mixed Martial Arts Group (NYSEAMERICAN:MMA) last announced its earnings results on Tuesday, June 30th. The company reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $0.21 million for the quarter.

About Mixed Martial Arts Group

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities.