Weimob Inc. (OTCMKTS:WEMXF) Short Interest Update

Weimob Inc. (OTCMKTS:WEMXF) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 32,472,000 shares, a growth of 423.1% from the December 31st total of 6,208,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 324,720.0 days.

Weimob Stock Performance

Shares of WEMXF stock remained flat at $0.40 during trading hours on Tuesday. The firm’s 50-day moving average price is $0.29 and its 200 day moving average price is $0.36. Weimob has a one year low of $0.21 and a one year 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.