Weimob Inc. (OTCMKTS:WEMXF) Short Interest Up 423.1% in January

Weimob Inc. (OTCMKTS:WEMXF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 32,472,000 shares, an increase of 423.1% from the December 31st total of 6,208,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 324,720.0 days.

Weimob Price Performance

Shares of WEMXF remained flat at $0.40 during trading hours on Wednesday. Weimob has a 1-year low of $0.21 and a 1-year high of $0.21. The stock’s 50-day moving average is $0.29 and its 200-day moving average is $0.36.

About Weimob

Weimob Inc, an investment holding company, provides digital commerce and media services in the People's Republic of China. It operates through Subscription Solutions and Merchant Solutions segments. The Subscription Solutions segment provides cloud-hosted commerce and marketing software as a service products; customized software; customization services; applications developed by third-party vendors on the WOS; and other software related services; as well as ERP solutions, including WeiMall, Smart Retail, Smart Hotel, Heading ERP, and others.