Short Interest in Global Mofy AI Limited (NASDAQ:GMM) Drops By 13.7%

Global Mofy AI Limited (NASDAQ:GMM) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 66,186 shares, a decrease of 13.7% from the January 29th total of 76,659 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,175 shares, the short-interest ratio is presently 5.0 days. Based on an average daily volume of 13,175 shares, the short-interest ratio is presently 5.0 days. Approximately 0.2% of the shares of the stock are sold short.

Global Mofy AI Stock Down 2.6%

Shares of NASDAQ:GMM traded down $0.03 on Thursday, hitting $1.19. The company had a trading volume of 8,321 shares, compared to its average volume of 98,634. Global Mofy AI has a 52-week low of $0.94 and a 52-week high of $4.75. The business has a 50 day moving average of $1.28 and a 200 day moving average of $1.64.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Global Mofy AI in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Global Mofy AI presently has an average rating of “Sell”.

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.