Webuy Global Ltd (NASDAQ:WBUY) Short Interest Down 57.9% in September

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 270,800 shares, a drop of 57.9% from the September 15th total of 643,900 shares. Based on an average daily volume of 6,620,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.0% of the shares of the stock are short sold.

Webuy Global Stock Performance

NASDAQ:WBUY remained flat at $0.12 during trading hours on Friday. 1,025,516 shares of the company were exchanged, compared to its average volume of 14,535,730. Webuy Global has a 52 week low of $0.11 and a 52 week high of $14.30. The firm has a 50 day simple moving average of $0.13 and a 200 day simple moving average of $0.26. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.03.

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.