Short Interest in MultiMetaVerse Holdings Limited (NASDAQ:MMV) Grows By 50.1%

MultiMetaVerse Holdings Limited (NASDAQ:MMV) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 121,400 shares, an increase of 50.1% from the June 30th total of 80,900 shares. Based on an average daily volume of 2,390,000 shares, the short-interest ratio is presently 0.1 days. Currently, 1.7% of the shares of the stock are sold short.

MultiMetaVerse Trading Up 7.0 %

NASDAQ MMV traded up $0.05 during trading on Monday, hitting $0.70. The stock had a trading volume of 114,840 shares, compared to its average volume of 1,116,074. MultiMetaVerse has a 12 month low of $0.45 and a 12 month high of $2.05. The company’s 50-day moving average price is $0.63 and its two-hundred day moving average price is $0.78.

About MultiMetaVerse

MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People's Republic of China. It 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 collectibles and functional items.