Webuy Global Ltd (NASDAQ:WBUY) Short Interest Update

Webuy Global Ltd (NASDAQ:WBUY) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 659,400 shares, a growth of 47.4% from the May 31st total of 447,500 shares. Based on an average daily trading volume, of 1,600,600 shares, the short-interest ratio is presently 0.4 days. Approximately 3.9% of the shares of the stock are short sold.

Webuy Global Stock Performance

Shares of NASDAQ:WBUY traded down $0.01 on Friday, hitting $0.17. The company’s stock had a trading volume of 836,570 shares, compared to its average volume of 3,970,465. The company has a 50-day simple moving average of $0.39 and a 200 day simple moving average of $0.44. Webuy Global has a 1 year low of $0.15 and a 1 year high of $14.30.

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.