Short Interest in Cheer Holding, Inc. (NASDAQ:GSMGW) Grows By 102.2%

Cheer Holding, Inc. (NASDAQ:GSMGW) saw a large 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 trading volume of 61,900 shares, the days-to-cover ratio is currently 1.4 days.

Cheer Stock Performance

Shares of Cheer stock remained flat at $0.00 during trading on Friday. 1,100 shares of the stock traded hands, compared to its average volume of 65,993. Cheer has a 1-year low of $0.00 and a 1-year high of $0.02. The business’s fifty day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01.

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.