Short Interest in Weimob Inc. (OTCMKTS:WEMXF) Increases By 330.3%

Weimob Inc. (OTCMKTS:WEMXF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 5,172,000 shares, an increase of 330.3% from the January 15th total of 1,202,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Weimob Stock Performance

Weimob stock opened at $0.40 on Thursday. Weimob has a 52-week low of $0.21 and a 52-week high of $0.21. The stock’s 50 day moving average price is $0.34 and its two-hundred day moving average price 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.