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Short Interest in WeCommerce Holdings Ltd. (OTCMKTS:WECMF) Expands By 1,260.0%

Financial News Live ·  Feb 11, 2023 07:02

WeCommerce Holdings Ltd. (OTCMKTS:WECMF – Get Rating) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 47,600 shares, an increase of 1,260.0% from the January 15th total of 3,500 shares. Based on an average daily trading volume, of 58,000 shares, the days-to-cover ratio is currently 0.8 days.

WeCommerce Stock Performance

Shares of WeCommerce stock traded up $0.11 during trading on Friday, hitting $3.56. The stock had a trading volume of 12,636 shares, compared to its average volume of 19,635. WeCommerce has a 1 year low of $1.20 and a 1 year high of $9.00. The stock has a 50 day simple moving average of $2.05 and a 200 day simple moving average of $1.89.

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About WeCommerce

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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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