Short Interest in Fobi AI Inc. (OTCMKTS:FOBIF) Grows By 169.9%

Fobi AI Inc. (OTCMKTS:FOBIFGet Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 25,100 shares, an increase of 169.9% from the March 31st total of 9,300 shares. Based on an average daily trading volume, of 72,600 shares, the days-to-cover ratio is currently 0.3 days.

Fobi AI Price Performance

Shares of OTCMKTS:FOBIF opened at $0.05 on Friday. Fobi AI has a one year low of $0.05 and a one year high of $0.32. The company has a 50 day moving average of $0.06 and a 200-day moving average of $0.08. The stock has a market cap of $10.31 million, a price-to-earnings ratio of -1.17 and a beta of -0.12.

Fobi AI (OTCMKTS:FOBIFGet Free Report) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.01) earnings per share for the quarter. Fobi AI had a negative return on equity of 277.82% and a negative net margin of 321.37%. The firm had revenue of $0.57 million for the quarter.

Fobi AI Company Profile

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Fobi AI Inc, together with its subsidiaries, operates as a technology and data intelligence company in North America and Europe. It provides software as a service; consulting and development services; and resells, refers, and licenses its products. The company also offers mobile wallet solutions, digital coupons, and customer insights solutions.

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