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

Weimob Inc. (OTCMKTS:WEMXF) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 27,186,000 shares, a drop of 17.3% from the February 13th total of 32,859,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Weimob Stock Performance

OTCMKTS WEMXF opened at $0.40 on Tuesday. The firm’s 50 day moving average price is $0.40 and its 200-day moving average price is $0.35. Weimob has a 52-week low of $0.21 and a 52-week 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.