MultiMetaVerse Holdings Limited (NASDAQ:MMV) Sees Large Decline in Short Interest

MultiMetaVerse Holdings Limited (NASDAQ:MMV) saw a significant drop in short interest in June. As of June 15th, there was short interest totalling 115,500 shares, a drop of 16.8% from the May 31st total of 138,800 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,240,000 shares, the short-interest ratio is presently 0.1 days.

MultiMetaVerse Stock Up 21.7 %

Shares of MMV stock traded up $0.13 during trading hours on Tuesday, hitting $0.72. The company’s stock had a trading volume of 1,623,082 shares, compared to its average volume of 1,206,792. The business has a fifty day moving average of $0.62 and a 200-day moving average of $0.86. MultiMetaVerse has a twelve month low of $0.45 and a twelve month high of $2.05.

MultiMetaVerse Company Profile

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.