Short Interest in Fobi AI Inc. (OTCMKTS:FOBIF) Grows By 29.4%

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,400 shares, a growth of 29.4% from the December 15th total of 3,400 shares. Based on an average daily volume of 253,000 shares, the days-to-cover ratio is presently 0.0 days.

Fobi AI Stock Performance

Fobi AI stock traded down $0.01 during trading hours on Friday, reaching $0.03. 7,015 shares of the company’s stock traded hands, compared to its average volume of 120,619. Fobi AI has a fifty-two week low of $0.00 and a fifty-two week high of $0.09. The firm’s 50 day moving average is $0.02 and its 200-day moving average is $0.03. The firm has a market capitalization of $6.31 million, a price-to-earnings ratio of -0.70 and a beta of 0.02.

About Fobi AI

Fobi AI Inc, together with its subsidiaries, operates as a technology and data intelligence company in North America and Europe. It provides software as a service; consulting and development services; and resells, refers, and licenses its products. The company also offers mobile wallet solutions, digital coupons, and customer insights solutions.