Fobi AI Inc. (OTCMKTS:FOBIF) Sees Significant Growth in Short Interest

Fobi AI Inc. (OTCMKTS:FOBIF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,400 shares, an increase of 29.4% from the December 15th total of 3,400 shares. Based on an average daily volume of 253,000 shares, the days-to-cover ratio is currently 0.0 days.

Fobi AI Price Performance

Shares of FOBIF stock traded down $0.01 during midday trading on Friday, reaching $0.03. 7,015 shares of the company traded hands, compared to its average volume of 120,619. The firm has a market cap of $6.31 million, a PE ratio of -0.70 and a beta of 0.02. The firm’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.03. Fobi AI has a 1-year low of $0.00 and a 1-year high of $0.09.

Fobi AI Company Profile

Fobi AI Inc, together with its subsidiaries, operates as a technology and data intelligence company in North America and Europe. It provides software as a service; consulting and development services; and resells, refers, and licenses its products. The company also offers mobile wallet solutions, digital coupons, and customer insights solutions.