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

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

MultiMetaVerse Stock Up 21.7 %

MultiMetaVerse stock traded up $0.13 during mid-day trading on Tuesday, reaching $0.72. 1,623,082 shares of the stock traded hands, compared to its average volume of 1,206,792. MultiMetaVerse has a 12-month low of $0.45 and a 12-month high of $2.05. The business’s 50-day moving average is $0.62 and its 200-day moving average is $0.86.

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.