Cheer Holding, Inc. (NASDAQ:GSMGW) Sees Significant Growth in Short Interest

Cheer Holding, Inc. (NASDAQ:GSMGW) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 83,700 shares, a growth of 102.2% from the March 31st total of 41,400 shares. Based on an average daily trading volume, of 61,900 shares, the days-to-cover ratio is presently 1.4 days.

Cheer Price Performance

Shares of GSMGW stock remained flat at $0.00 on Friday. 1,100 shares of the stock traded hands, compared to its average volume of 65,993. The business has a 50 day moving average price of $0.01 and a 200 day moving average price of $0.01. Cheer has a 12-month low of $0.00 and a 12-month high of $0.02.

About Cheer

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People's Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses.