MultiMetaVerse Holdings Limited (NASDAQ:MMV) Short Interest Update

MultiMetaVerse Holdings Limited (NASDAQ:MMV) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 909,500 shares, a growth of 555.3% from the October 31st total of 138,800 shares. Currently, 12.9% of the shares of the stock are sold short. Based on an average daily volume of 352,700 shares, the short-interest ratio is presently 2.6 days.

MultiMetaVerse Price Performance

MultiMetaVerse stock traded down $0.02 on Friday, reaching $0.45. The company’s stock had a trading volume of 18,764 shares, compared to its average volume of 811,551. The business’s fifty day moving average price is $0.44 and its 200 day moving average price is $0.55. MultiMetaVerse has a twelve month low of $0.32 and a twelve month high of $2.05.

Institutional Investors Weigh In On MultiMetaVerse

An institutional investor recently bought a new position in MultiMetaVerse stock. Renaissance Technologies LLC acquired a new stake in shares of MultiMetaVerse Holdings Limited (NASDAQ:MMV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 42,100 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned approximately 0.13% of MultiMetaVerse at the end of the most recent reporting period.

MultiMetaVerse Company Profile

MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People’s Republic of China. The company offers a product portfolio, including animated content, comic books, short videos, collectibles, stationery, consumer products, and mobile games under the Aotu World brand, as well as action figures, stuffed dolls, apparel, costumes, trading cards, and other collectible functional items.