Short Interest in Webuy Global Ltd (NASDAQ:WBUY) Declines By 83.4%

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 154,400 shares, a decrease of 83.4% from the June 30th total of 932,000 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 2,080,000 shares, the days-to-cover ratio is presently 0.1 days.

Webuy Global Trading Up 14.7 %

WBUY stock traded up $0.02 during midday trading on Friday, reaching $0.17. The stock had a trading volume of 14,938,697 shares, compared to its average volume of 1,802,382. Webuy Global has a 52-week low of $0.13 and a 52-week high of $14.30. The company’s fifty day simple moving average is $0.27 and its 200 day simple moving average is $0.38.

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.