Weimob Inc. (OTCMKTS:WEMXF) Sees Significant Decline in Short Interest

Weimob Inc. (OTCMKTS:WEMXF) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 35,585,300 shares, a decline of 59.9% from the November 15th total of 88,727,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Weimob Stock Performance

OTCMKTS WEMXF opened at $0.21 on Friday. The business’s 50-day moving average price is $0.27 and its 200 day moving average price is $0.39. Weimob has a twelve month low of $0.21 and a twelve month high of $0.21.

About Weimob

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.