Short Interest in Gorilla Technology Group Inc. (NASDAQ:GRRRW) Increases By 681.7%

Gorilla Technology Group Inc. (NASDAQ:GRRRW) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 46,900 shares, an increase of 681.7% from the March 31st total of 6,000 shares. Based on an average daily trading volume, of 44,200 shares, the short-interest ratio is currently 1.1 days.

Gorilla Technology Group Trading Down 13.0 %

Shares of NASDAQ:GRRRW traded down $0.01 during trading hours on Thursday, reaching $0.06. The stock had a trading volume of 12,486 shares, compared to its average volume of 39,767. Gorilla Technology Group has a 1 year low of $0.01 and a 1 year high of $0.33. The firm’s 50 day moving average is $0.07 and its 200-day moving average is $0.05.

About Gorilla Technology Group

Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.