Global Mofy AI Limited (NASDAQ:GMM) Short Interest Up 31.6% in December

Global Mofy AI Limited (NASDAQ:GMMGet Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 77,582 shares, a growth of 31.6% from the December 15th total of 58,975 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 38,004 shares, the short-interest ratio is presently 2.0 days. Based on an average daily volume of 38,004 shares, the short-interest ratio is presently 2.0 days. Approximately 0.3% of the company’s shares are short sold.

Global Mofy AI Stock Performance

GMM stock traded down $0.09 during trading on Friday, hitting $1.43. 11,998 shares of the stock traded hands, compared to its average volume of 47,334. Global Mofy AI has a 1 year low of $0.94 and a 1 year high of $4.75. The firm’s 50 day moving average is $1.42 and its two-hundred day moving average is $1.97.

Global Mofy AI (NASDAQ:GMMGet Free Report) last released its quarterly earnings data on Friday, January 9th. The company reported ($1.03) earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Global Mofy AI in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Global Mofy AI

About Global Mofy AI

(Get Free Report)

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. The company also grants use right of digital assets for various applications, such as movies, TV series, AR/VR, animation, advertising, and gaming.

Further Reading

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