Weimob Inc. (OTCMKTS:WEMXF) Sees Large Decrease in Short Interest

Weimob Inc. (OTCMKTS:WEMXF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,202,000 shares, a decrease of 96.3% from the December 31st total of 32,472,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Weimob Stock Performance

WEMXF remained flat at $0.40 on Thursday. The company’s 50 day moving average is $0.30 and its 200 day moving average is $0.36. Weimob has a 12-month low of $0.21 and a 12-month 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.