The Glimpse Group, Inc. (NASDAQ:VRAR) Short Interest Down 42.2% in December

The Glimpse Group, Inc. (NASDAQ:VRAR) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 517,300 shares, a decrease of 42.2% from the December 15th total of 894,300 shares. Based on an average daily volume of 2,750,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 4.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Westpark Capital reaffirmed a “buy” rating and set a $4.67 price objective on shares of The Glimpse Group in a research report on Tuesday, December 24th.

The Glimpse Group Stock Up 13.7 %

VRAR opened at $2.08 on Thursday. The Glimpse Group has a twelve month low of $0.50 and a twelve month high of $7.00. The company has a 50-day simple moving average of $1.60 and a 200 day simple moving average of $1.11.

About The Glimpse Group

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.