Weimob Inc. (OTCMKTS:WEMXF) Sees Large Growth in Short Interest

Weimob Inc. (OTCMKTS:WEMXF) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 32,859,000 shares, a growth of 535.3% from the January 31st total of 5,172,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Weimob Price Performance

Shares of WEMXF stock opened at $0.40 on Friday. The firm’s 50-day moving average is $0.38 and its two-hundred day moving average is $0.35. Weimob has a 12 month low of $0.21 and a 12 month high of $0.21.

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.