Short Interest in Webuy Global Ltd (NASDAQ:WBUY) Grows By 53.5%

Webuy Global Ltd (NASDAQ:WBUYGet Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 447,500 shares, a growth of 53.5% from the May 15th total of 291,600 shares. Based on an average daily volume of 1,090,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.6% of the shares of the company are sold short.

Webuy Global Trading Down 4.5 %

WBUY opened at $0.17 on Friday. The firm’s fifty day moving average price is $0.43 and its two-hundred day moving average price is $0.68. Webuy Global has a fifty-two week low of $0.17 and a fifty-two week high of $14.30.

Webuy Global Company Profile

(Get Free Report)

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.

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