Alta Global Group Limited (NYSE:MMA) Sees Large Increase in Short Interest

Alta Global Group Limited (NYSE:MMA) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,120,000 shares, a growth of 158.2% from the August 31st total of 433,700 shares. Approximately 10.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,080,000 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 4,080,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 10.2% of the shares of the stock are sold short.

Alta Global Group Price Performance

MMA stock opened at $1.46 on Friday. The firm has a fifty day moving average price of $1.17 and a 200 day moving average price of $1.05. Alta Global Group has a fifty-two week low of $0.60 and a fifty-two week high of $4.11.

Alta Global Group Company Profile

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector.