Short Interest in Weimob Inc. (OTCMKTS:WEMXF) Increases By 330.3%

Weimob Inc. (OTCMKTS:WEMXF) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 5,172,000 shares, a growth of 330.3% from the January 15th total of 1,202,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Weimob Price Performance

Shares of WEMXF stock opened at $0.40 on Friday. The company has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.36. Weimob has a 52-week low of $0.21 and a 52-week high of $0.21.

About Weimob

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.