Short Interest in Weimob Inc. (OTCMKTS:WEMXF) Rises By 423.1%

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

Weimob Price Performance

WEMXF stock opened at $0.40 on Thursday. Weimob has a 1-year low of $0.21 and a 1-year high of $0.21. The business’s 50 day simple moving average is $0.30 and its 200 day simple moving average 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.