Webus International Limited (NASDAQ:WETO) Short Interest Update

Webus International Limited (NASDAQ:WETO) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 10,221 shares, a growth of 48.3% from the February 26th total of 6,894 shares. Based on an average daily trading volume, of 15,761 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the company’s stock are sold short.

Webus International Price Performance

Webus International stock opened at $0.45 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.66. Webus International has a fifty-two week low of $0.41 and a fifty-two week high of $4.30. The stock has a 50-day simple moving average of $0.54 and a 200-day simple moving average of $1.02.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Webus International in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Webus International

Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.