Webus International Limited (NASDAQ:WETO) Short Interest Update

Webus International Limited (NASDAQ:WETO) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 6,894 shares, a decrease of 30.8% from the February 12th total of 9,961 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 9,796 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 9,796 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Webus International in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Webus International Price Performance

NASDAQ WETO opened at $0.52 on Monday. The company’s 50 day simple moving average is $0.58 and its two-hundred day simple moving average is $1.14. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.04. Webus International has a 1 year low of $0.41 and a 1 year high of $4.30.

About Webus International

Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.