Weimob Inc. (OTCMKTS:WEMXF) Short Interest Update

Weimob Inc. (OTCMKTS:WEMXF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 32,472,000 shares, an increase of 423.1% from the December 31st total of 6,208,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 324,720.0 days.

Weimob Stock Performance

OTCMKTS WEMXF opened at $0.40 on Thursday. Weimob has a 52 week low of $0.21 and a 52 week high of $0.21. The stock’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.36.

Weimob Company Profile

Weimob Inc, an investment holding company, provides digital commerce and media services in the People's Republic of China. It operates through Subscription Solutions and Merchant Solutions segments. The Subscription Solutions segment provides cloud-hosted commerce and marketing software as a service products; customized software; customization services; applications developed by third-party vendors on the WOS; and other software related services; as well as ERP solutions, including WeiMall, Smart Retail, Smart Hotel, Heading ERP, and others.