Webuy Global Ltd (NASDAQ:WBUY) Short Interest Down 47.2% in December

Webuy Global Ltd (NASDAQ:WBUY) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,400,000 shares, a decrease of 47.2% from the November 30th total of 2,650,000 shares. Currently, 5.3% of the company’s shares are short sold. Based on an average daily trading volume, of 41,530,000 shares, the short-interest ratio is presently 0.0 days.

Webuy Global Price Performance

Shares of WBUY opened at $0.19 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.14 and a current ratio of 1.16. The business has a fifty day moving average of $0.17 and a 200 day moving average of $0.15. Webuy Global has a 52-week low of $0.11 and a 52-week high of $0.82.

About Webuy Global

Webuy Global Ltd operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. The company sells food and beverages, fresh produces, lifestyle daily essential items, e-vouchers, miscellaneous daily needs products, and other personal care products, as well as sells packaged tours. Webuy Global Ltd was founded in 2019 and is based in Singapore.