GIBO HOLDINGS Ltd (NASDAQ:GIBO) Sees Large Increase in Short Interest

GIBO HOLDINGS Ltd (NASDAQ:GIBO – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 11,899 shares, a growth of 503.4% from the September 15th total of 1,972 shares. Approximately 7.9% of the company’s stock are short sold. Based on an average trading volume of 38,411 shares, the days-to-cover ratio is presently 0.3 days.

GIBO Price Performance

GIBO opened at $62.27 on Friday. The business’s 50-day moving average price is $33.53 and its two-hundred day moving average price is $32.37. GIBO has a 1 year low of $22.60 and a 1 year high of $77.50.

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GIBO Company Profile

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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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