Cheer Holding, Inc. (NASDAQ:GSMGW) Short Interest Up 102.2% in April

Cheer Holding, Inc. (NASDAQ:GSMGW) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 83,700 shares, an increase of 102.2% from the March 31st total of 41,400 shares. Based on an average daily volume of 61,900 shares, the short-interest ratio is presently 1.4 days.

Cheer Stock Performance

Cheer stock remained flat at $0.00 during mid-day trading on Friday. 1,100 shares of the company were exchanged, compared to its average volume of 65,993. Cheer has a 1-year low of $0.00 and a 1-year high of $0.02. The firm’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.01.

About Cheer

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People's Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses.