Fobi AI Inc. (OTCMKTS:FOBIF) Short Interest Update

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 41,500 shares, a growth of 346.2% from the June 30th total of 9,300 shares. Based on an average daily volume of 37,900 shares, the short-interest ratio is currently 1.1 days.

Fobi AI Price Performance

FOBIF stock traded up $0.00 during midday trading on Thursday, reaching $0.05. 1,000 shares of the company’s stock traded hands, compared to its average volume of 39,663. The company has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.06. Fobi AI has a 1-year low of $0.04 and a 1-year high of $0.23. The company has a market cap of $11.72 million, a price-to-earnings ratio of -1.31 and a beta of 0.04. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.01.

Fobi AI (OTCMKTS:FOBIF) last posted its quarterly earnings results on Thursday, May 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. Fobi AI had a negative return on equity of 353.92% and a negative net margin of 297.40%. The company had revenue of $0.51 million during the quarter.

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.