Mixed Martial Arts Group Ltd (NYSEAMERICAN:MMA) Sees Significant Increase in Short Interest

Mixed Martial Arts Group Ltd (NYSEAMERICAN:MMA) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,036,961 shares, an increase of 140.9% from the August 15th total of 430,437 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 33,612,218 shares, the days-to-cover ratio is currently 0.0 days.

Mixed Martial Arts Group Trading Down 6.4%

MMA stock traded down $0.03 during mid-day trading on Monday, reaching $0.39. 201,575 shares of the stock traded hands, compared to its average volume of 2,646,689. Mixed Martial Arts Group has a one year low of $0.35 and a one year high of $2.00. The business has a 50-day moving average price of $0.45 and a two-hundred day moving average price of $0.50.

Mixed Martial Arts Group (NYSEAMERICAN:MMA) last released its earnings results on Tuesday, June 30th. The company reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $0.21 million for the quarter.

About Mixed Martial Arts Group

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities.