Wejo Group Limited (NASDAQ:WEJOW) Short Interest Down 78.6% in July

Wejo Group Limited (NASDAQ:WEJOW – Get Rating) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 37,200 shares, a decrease of 78.6% from the June 30th total of 173,500 shares. Based on an average trading volume of 47,800 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Wejo Group

An institutional investor recently bought a new position in Wejo Group stock. Privium Fund Management B.V. acquired a new stake in Wejo Group Limited (NASDAQ:WEJOW – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 168,732 shares of the company’s stock, valued at approximately $98,000.

Wejo Group Price Performance

NASDAQ:WEJOW opened at $0.12 on Thursday. Wejo Group has a twelve month low of $0.11 and a twelve month high of $3.21. The business’s 50 day moving average price is $0.21.

Wejo Group Company Profile

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Wejo Group Limited develops data marketplace and software-as-a-service (SaaS) solutions. It offers traffic management of the data marketplace and SaaS solutions. Its data exchange platform sources data directly from connected vehicles, using a range of sensors inside the vehicle integrated by the OEMs to ascertain vehicle status, vehicle health, dynamics, and location.