Global Mofy AI Limited (NASDAQ:GMM) Short Interest Down 13.8% in January

Global Mofy AI Limited (NASDAQ:GMM) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 76,659 shares, a decline of 13.8% from the January 15th total of 88,894 shares. Based on an average daily trading volume, of 13,465 shares, the days-to-cover ratio is currently 5.7 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,465 shares, the days-to-cover ratio is currently 5.7 days.

Global Mofy AI Price Performance

Shares of NASDAQ:GMM traded up $0.12 during mid-day trading on Tuesday, reaching $1.23. The stock had a trading volume of 2,645,470 shares, compared to its average volume of 113,482. The business’s 50 day moving average price is $1.29 and its 200 day moving average price is $1.74. Global Mofy AI has a 1 year low of $0.94 and a 1 year high of $4.75.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Global Mofy AI in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Global Mofy AI currently has a consensus rating of “Sell”.

About Global Mofy AI

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.