Webuy Global Ltd (NASDAQ:WBUY) Short Interest Update

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 932,000 shares, an increase of 41.3% from the June 15th total of 659,400 shares. Based on an average trading volume of 1,640,000 shares, the short-interest ratio is presently 0.6 days. Approximately 5.5% of the shares of the company are sold short.

Webuy Global Stock Performance

NASDAQ WBUY opened at $0.17 on Monday. The company has a fifty day moving average of $0.35 and a two-hundred day moving average of $0.40. Webuy Global has a 1 year low of $0.15 and a 1 year high of $14.30.

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.