WeCommerce Holdings Ltd. (OTCMKTS:WECMF – Get Rating) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 8,300 shares, a growth of 43.1% from the August 31st total of 5,800 shares. Based on an average daily volume of 15,100 shares, the days-to-cover ratio is presently 0.5 days.
WeCommerce Stock Performance
Shares of WECMF stock opened at $1.46 on Thursday. The business has a 50 day moving average of $1.93 and a two-hundred day moving average of $3.76. WeCommerce has a 52 week low of $1.20 and a 52 week high of $12.47.
Get WeCommerce alerts:Analysts Set New Price Targets
Separately, TD Securities downgraded WeCommerce from a "buy" rating to a "hold" rating in a research note 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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