Short Interest in Global Mofy AI Limited (NASDAQ:GMM) Declines By 15.2%

Global Mofy AI Limited (NASDAQ:GMM) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 67,133 shares, a decline of 15.2% from the March 31st total of 79,161 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 37,404 shares, the short-interest ratio is currently 1.8 days.

Global Mofy AI Stock Up 1.6%

NASDAQ:GMM traded up $0.02 on Friday, reaching $1.29. 2,188 shares of the company’s stock were exchanged, compared to its average volume of 76,084. The business has a fifty day moving average of $1.30 and a 200-day moving average of $1.42. Global Mofy AI has a 52-week low of $0.94 and a 52-week high of $3.29.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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.com, Global Mofy AI has an average 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.