Webuy Global Ltd (NASDAQ:WBUY) Short Interest Up 24.3% in January

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

Webuy Global Price Performance

Shares of Webuy Global stock opened at $0.08 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.16 and a quick ratio of 1.14. Webuy Global has a fifty-two week low of $0.11 and a fifty-two week high of $0.82. The business has a 50-day moving average price of $0.16 and a 200 day moving average price of $0.15.

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.