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

Global Mofy AI Limited (NASDAQ:GMM) was the recipient of a significant decrease in short interest in 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. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 13,175 shares, the days-to-cover ratio is presently 5.0 days. Based on an average daily volume of 13,175 shares, the days-to-cover ratio is presently 5.0 days. Currently, 0.2% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Global Mofy AI in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Global Mofy AI Trading Down 5.7%

NASDAQ GMM opened at $1.15 on Friday. Global Mofy AI has a fifty-two week low of $0.94 and a fifty-two week high of $4.75. The stock has a 50 day simple moving average of $1.28 and a two-hundred day simple moving average of $1.63.

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

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.