Short Interest in Webuy Global Ltd (NASDAQ:WBUY) Grows By 24.3%

Webuy Global Ltd (NASDAQ:WBUY) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 1,740,000 shares, a growth of 24.3% from the December 15th total of 1,400,000 shares. Currently, 8.0% of the company’s stock are sold short. Based on an average trading volume of 42,310,000 shares, the short-interest ratio is presently 0.0 days.

Webuy Global Trading Down 3.9 %

WBUY opened at $0.13 on Friday. Webuy Global has a 52-week low of $0.11 and a 52-week high of $0.82. The business’s 50-day simple moving average is $0.18 and its 200 day simple moving average is $0.15. The company has a current ratio of 1.16, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03.

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.