Weimob Inc. (OTCMKTS:WEMXF) Sees Large Growth in Short Interest

Weimob Inc. (OTCMKTS:WEMXF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 37,821,000 shares, a growth of 39.1% from the February 28th total of 27,186,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Weimob Price Performance

OTCMKTS WEMXF opened at $0.40 on Monday. Weimob has a 12 month low of $0.21 and a 12 month high of $0.21. The stock’s 50 day moving average is $0.40 and its 200 day moving average is $0.35.

Weimob Company Profile

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.