Global Mofy Metaverse Limited (NASDAQ:GMM) Short Interest Up 27.0% in March

Global Mofy Metaverse Limited (NASDAQ:GMM) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 69,700 shares, a growth of 27.0% from the February 28th total of 54,900 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 85,200 shares, the short-interest ratio is currently 0.8 days.

Global Mofy Metaverse Price Performance

Shares of GMM traded down $0.03 during mid-day trading on Tuesday, hitting $3.25. The company’s stock had a trading volume of 24,020 shares, compared to its average volume of 130,060. The company’s 50-day moving average is $3.90 and its 200-day moving average is $5.30. Global Mofy Metaverse has a 52-week low of $3.00 and a 52-week high of $28.20.

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.