Short Interest in Global Mofy Metaverse Limited (NASDAQ:GMM) Rises By 118.6%

Global Mofy Metaverse Limited (NASDAQ:GMM) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 192,400 shares, an increase of 118.6% from the March 15th total of 88,000 shares. Based on an average trading volume of 422,500 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.0% of the company’s shares are sold short.

Global Mofy Metaverse Price Performance

GMM traded up $0.01 on Thursday, hitting $1.00. 109,148 shares of the company were exchanged, compared to its average volume of 414,318. The stock’s fifty day moving average price is $1.76. Global Mofy Metaverse has a 12 month low of $0.65 and a 12 month high of $15.47.

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.