Fobi AI Inc. (OTCMKTS:FOBIF) Sees Significant Drop in Short Interest

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,400 shares, a drop of 92.6% from the September 15th total of 46,200 shares. Based on an average daily trading volume, of 33,900 shares, the short-interest ratio is currently 0.1 days.

Fobi AI Price Performance

FOBIF stock remained flat at $0.04 during mid-day trading on Friday. The company’s stock had a trading volume of 25,300 shares, compared to its average volume of 46,252. Fobi AI has a 12 month low of $0.03 and a 12 month high of $0.14. The firm has a market capitalization of $8.31 million, a PE ratio of -0.93 and a beta of 0.03. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.05.

Fobi AI Company Profile

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.