Webuy Global Ltd (NASDAQ:WBUY) Sees Significant Decline in Short Interest

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 208,700 shares, a decrease of 88.0% from the December 31st total of 1,740,000 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 42,680,000 shares, the short-interest ratio is currently 0.0 days.

Webuy Global Stock Down 32.8 %

NASDAQ WBUY traded down $0.04 on Thursday, hitting $0.08. 4,611,066 shares of the company’s stock were exchanged, compared to its average volume of 4,495,941. The firm’s 50-day moving average price is $0.17 and its two-hundred day moving average price is $0.15. Webuy Global has a fifty-two week low of $0.11 and a fifty-two week high of $0.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.14 and a current ratio of 1.16.

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.