GIBO HOLDINGS Ltd (NASDAQ:GIBO) Sees Large Increase in Short Interest

GIBO HOLDINGS Ltd (NASDAQ:GIBO) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 11,899 shares, an increase of 503.4% from the September 15th total of 1,972 shares. Approximately 7.9% of the company’s shares are short sold. Based on an average daily volume of 38,411 shares, the days-to-cover ratio is currently 0.3 days.

GIBO Trading Up 9.6%

GIBO opened at $62.27 on Friday. The firm’s fifty day moving average is $33.53 and its two-hundred day moving average is $32.37. GIBO has a twelve month low of $22.60 and a twelve month high of $77.50.

GIBO Company Profile

Global IBO Group Ltd. is a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators. Global IBO Group Ltd., formerly known as Bukit Jalil Global Acquisition 1 Ltd., is based in NEW YORK.