Webuy Global Ltd (NASDAQ:WBUY) Short Interest Up 763.7% in November

Webuy Global Ltd (NASDAQ:WBUY) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 951,800 shares, an increase of 763.7% from the October 31st total of 110,200 shares. Based on an average daily trading volume, of 35,470,000 shares, the short-interest ratio is currently 0.0 days. Approximately 3.5% of the shares of the stock are short sold.

Webuy Global Stock Performance

Shares of NASDAQ WBUY traded up $0.01 during mid-day trading on Wednesday, hitting $0.18. 834,309 shares of the company’s stock traded hands, compared to its average volume of 11,215,021. Webuy Global has a 1 year low of $0.11 and a 1 year high of $14.30. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.21.

About Webuy Global

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.