MultiMetaVerse (NASDAQ:MMV) Shares Down 1% – Here’s What Happened

MultiMetaVerse Holdings Limited (NASDAQ:MMV)’s share price traded down 1% on Thursday . The company traded as low as $0.98 and last traded at $1.00. 170,540 shares changed hands during trading, a decline of 78% from the average session volume of 789,815 shares. The stock had previously closed at $1.01.

MultiMetaVerse Trading Down 1.0 %

The stock’s fifty day simple moving average is $0.54 and its 200-day simple moving average is $0.55.

Institutional Investors Weigh In On MultiMetaVerse

An institutional investor recently bought a new position in MultiMetaVerse stock. Renaissance Technologies LLC bought a new position in shares of MultiMetaVerse Holdings Limited (NASDAQ:MMV) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 42,100 shares of the company’s stock, valued at approximately $25,000. Renaissance Technologies LLC owned approximately 0.13% of MultiMetaVerse as of its most recent SEC filing.

MultiMetaVerse Company Profile

MultiMetaVerse Holdings Limited operates as an animation and entertainment company in the People’s Republic of China. The company offers a product portfolio, including animated content, comic books, short videos, collectibles, stationery, consumer products, and mobile games under the Aotu World brand, as well as action figures, stuffed dolls, apparel, costumes, trading cards, and other collectible functional items.