Webuy Global Ltd (NASDAQ:WBUY) Short Interest Update

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 659,400 shares, a growth of 47.4% from the May 31st total of 447,500 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average daily volume of 1,600,600 shares, the short-interest ratio is presently 0.4 days.

Webuy Global Stock Down 3.2 %

Shares of WBUY opened at $0.17 on Friday. The company has a 50 day moving average price of $0.39 and a 200-day moving average price of $0.44. Webuy Global has a fifty-two week low of $0.15 and a fifty-two week high of $14.30.

Webuy Global Company Profile

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.