Short Interest in Weimob Inc. (OTCMKTS:WEMXF) Expands By 39.1%

Weimob Inc. (OTCMKTS:WEMXF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 37,821,000 shares, an increase of 39.1% from the February 28th total of 27,186,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Weimob Price Performance

OTCMKTS:WEMXF opened at $0.40 on Tuesday. The business’s 50 day moving average is $0.40 and its two-hundred day moving average is $0.35. Weimob has a 52 week low of $0.21 and a 52 week 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.