Webuy Global Ltd (NASDAQ:WBUY) Short Interest Up 24.3% in January

Webuy Global Ltd (NASDAQ:WBUY) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,740,000 shares, a growth of 24.3% from the December 31st total of 1,400,000 shares. Currently, 8.0% of the shares of the company are sold short. Based on an average daily volume of 42,310,000 shares, the days-to-cover ratio is currently 0.0 days.

Webuy Global Stock Down 32.8 %

Shares of Webuy Global stock opened at $0.08 on Friday. The company has a current ratio of 1.16, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03. The business’s 50 day simple moving average is $0.16 and its 200-day simple moving average is $0.15. Webuy Global has a twelve month low of $0.11 and a twelve month high of $0.82.

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.