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

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

Weimob Price Performance

OTCMKTS:WEMXF remained flat at $0.40 on Tuesday. The stock’s fifty day simple moving average is $0.25 and its 200-day simple moving average is $0.36. 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.