WeCommerce Holdings Ltd. (OTCMKTS:WECMF – Get Rating) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 5,800 shares, a decline of 44.8% from the August 15th total of 10,500 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.7 days.
WeCommerce Price Performance
OTCMKTS:WECMF opened at $1.85 on Wednesday. WeCommerce has a 1-year low of $1.20 and a 1-year high of $12.47. The business's fifty day moving average price is $2.13 and its 200 day moving average price is $4.20.
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Separately, TD Securities lowered WeCommerce from a "buy" rating to a "hold" rating in a research report on Friday, August 19th.
WeCommerce Company Profile
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WeCommerce Holdings Ltd. provides a suite of ecommerce enablement software tools for merchants to start online store. The company operates through three segments: Apps, Themes, and Agency. It focuses on building, acquiring, and investing in technology businesses operating in the Shopify partner ecosystem.
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