Short Interest in Webuy Global Ltd (NASDAQ:WBUY) Grows By 178.4%

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,650,000 shares, an increase of 178.4% from the November 15th total of 951,800 shares. Approximately 9.7% of the company’s stock are sold short. Based on an average daily volume of 35,620,000 shares, the short-interest ratio is currently 0.1 days.

Webuy Global Stock Performance

Shares of NASDAQ:WBUY traded down $0.00 on Wednesday, reaching $0.18. The company had a trading volume of 4,406,350 shares, compared to its average volume of 10,865,522. Webuy Global has a twelve month low of $0.11 and a twelve month high of $1.14. The stock has a 50-day moving average price of $0.16 and a 200 day moving average price of $0.17. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.16 and a quick ratio of 1.14.

Webuy Global Company Profile

Webuy Global Ltd operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. The company sells food and beverages, fresh produces, lifestyle daily essential items, e-vouchers, miscellaneous daily needs products, and other personal care products, as well as sells packaged tours. Webuy Global Ltd was founded in 2019 and is based in Singapore.