Short Interest in Fobi AI Inc. (OTCMKTS:FOBIF) Declines By 41.9%

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 10,400 shares, a decrease of 41.9% from the February 13th total of 17,900 shares. Based on an average daily volume of 108,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Fobi AI Price Performance

FOBIF stock remained flat at $0.03 during trading on Friday. 75 shares of the company traded hands, compared to its average volume of 102,530. The company has a market capitalization of $5.84 million, a price-to-earnings ratio of -0.65 and a beta of 0.30. Fobi AI has a 12 month low of $0.00 and a 12 month high of $0.07. The stock’s 50-day moving average price is $0.02 and its two-hundred day moving average price is $0.02.

About Fobi AI

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.