Short Interest in Webuy Global Ltd (NASDAQ:WBUY) Increases By 24.3%

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

Webuy Global Trading Up 6.7 %

Shares of WBUY stock opened at $0.13 on Thursday. Webuy Global has a one year low of $0.11 and a one year high of $0.82. 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 firm has a 50-day moving average of $0.18 and a 200-day moving average of $0.15.

About Webuy Global

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.