Short Interest in Global Mofy AI Limited (NASDAQ:GMM) Expands By 200.3%

Global Mofy AI Limited (NASDAQ:GMM) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 58,975 shares, a growth of 200.3% from the November 30th total of 19,639 shares. Based on an average daily trading volume, of 21,823 shares, the short-interest ratio is currently 2.7 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,823 shares, the short-interest ratio is currently 2.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Global Mofy AI in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Global Mofy AI Trading Down 4.7%

Shares of NASDAQ GMM traded down $0.06 during mid-day trading on Friday, hitting $1.11. 35,697 shares of the stock traded hands, compared to its average volume of 23,969. Global Mofy AI has a twelve month low of $1.06 and a twelve month high of $4.97. The firm has a 50 day simple moving average of $1.56 and a two-hundred day simple moving average of $2.11.

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