GIBO HOLDINGS Ltd (NASDAQ:GIBO) Shares Shorted: Short Interest Up 503.4% in September

GIBO HOLDINGS Ltd (NASDAQ:GIBO) saw a significant 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. Based on an average trading volume of 38,411 shares, the short-interest ratio is presently 0.3 days. Approximately 7.9% of the company’s shares are short sold.

GIBO Stock Performance

Shares of GIBO stock traded up $5.45 during mid-day trading on Friday, reaching $62.27. The company’s stock had a trading volume of 85,233 shares, compared to its average volume of 46,766. The company’s 50 day simple moving average is $33.53 and its 200-day simple moving average is $32.36. GIBO has a 12-month low of $22.60 and a 12-month high of $77.50.

About GIBO

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.