Short Interest in Global Mofy Metaverse Limited (NASDAQ:GMM) Increases By 388.1%

Global Mofy Metaverse Limited (NASDAQ:GMM) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 2,790,000 shares, a growth of 388.1% from the October 15th total of 571,600 shares. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is presently 0.9 days. Approximately 25.3% of the company’s shares are short sold.

Global Mofy Metaverse Price Performance

Global Mofy Metaverse stock traded down $0.05 during mid-day trading on Thursday, reaching $0.27. 1,580,955 shares of the company’s stock were exchanged, compared to its average volume of 1,780,637. Global Mofy Metaverse has a twelve month low of $0.26 and a twelve month high of $15.40. The company has a fifty day moving average of $0.59 and a 200-day moving average of $0.81.

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.