Webuy Global Ltd (NASDAQ:WBUY) Short Interest Update

Webuy Global Ltd (NASDAQ:WBUY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,740,000 shares, an increase 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 shares are sold short.

Webuy Global Price Performance

Shares of NASDAQ WBUY opened at $0.14 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $0.18 and its 200 day moving average is $0.15. Webuy Global has a 52 week low of $0.11 and a 52 week 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.