GIBO HOLDINGS Ltd (NASDAQ:GIBO) Sees Significant Decline in Short Interest

GIBO HOLDINGS Ltd (NASDAQ:GIBOGet Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,263 shares, a drop of 40.4% from the July 15th total of 3,800 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 7,874 shares, the days-to-cover ratio is currently 0.3 days.

GIBO Trading Down 4.7%

GIBO stock traded down $1.44 during mid-day trading on Wednesday, reaching $28.96. 100 shares of the stock traded hands, compared to its average volume of 6,423. GIBO has a one year low of $22.60 and a one year high of $137.00. The business has a 50-day moving average price of $29.54 and a two-hundred day moving average price of $32.88.

About GIBO

(Get Free Report)

Global IBO Group Ltd. is a unique and integrated AIGC animation creation and streaming platform for storytellers and content creators. Global IBO Group Ltd., formerly known as Bukit Jalil Global Acquisition 1 Ltd., is based in NEW YORK.

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