Fobi AI Inc. (OTCMKTS:FOBIF) Sees Large Decline in Short Interest

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 3,400 shares, a decline of 92.6% from the September 15th total of 46,200 shares. Based on an average daily volume of 33,900 shares, the short-interest ratio is presently 0.1 days.

Fobi AI Stock Performance

Shares of Fobi AI stock remained flat at $0.04 during trading hours on Friday. 25,300 shares of the stock were exchanged, compared to its average volume of 46,252. Fobi AI has a one year low of $0.03 and a one year high of $0.14. The business’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.05. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $8.31 million, a PE ratio of -0.93 and a beta of 0.03.

Fobi AI Company Profile

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.