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

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

Weimob Stock Performance

Shares of OTCMKTS WEMXF opened at $0.40 on Wednesday. Weimob has a twelve month low of $0.21 and a twelve month high of $0.21. The company has a 50 day moving average of $0.25 and a 200 day moving average of $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.