Short Interest in MultiMetaVerse Holdings Limited (NASDAQ:MMV) Increases By 185.6%

MultiMetaVerse Holdings Limited (NASDAQ:MMV) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 138,800 shares, a growth of 185.6% from the May 15th total of 48,600 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,230,000 shares, the short-interest ratio is presently 0.1 days.

MultiMetaVerse Stock Performance

MultiMetaVerse stock opened at $0.60 on Friday. The stock has a 50-day moving average price of $0.66 and a two-hundred day moving average price of $0.92. MultiMetaVerse has a 12 month low of $0.45 and a 12 month high of $2.05.

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.