Global Mofy Metaverse Limited (NASDAQ:GMM) Short Interest Down 98.5% in November

Global Mofy Metaverse Limited (NASDAQ:GMM) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 41,600 shares, a decrease of 98.5% from the October 31st total of 2,790,000 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 231,500 shares, the days-to-cover ratio is currently 0.2 days.

Global Mofy Metaverse Price Performance

Shares of NASDAQ GMM traded up $1.06 during trading on Thursday, hitting $4.65. The company had a trading volume of 379,329 shares, compared to its average volume of 119,419. The business’s 50-day moving average is $7.21 and its 200 day moving average is $11.32. Global Mofy Metaverse has a 52 week low of $3.04 and a 52 week high of $231.00.

Global Mofy Metaverse Company Profile

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.