Short Interest in Fobi AI Inc. (OTCMKTS:FOBIF) Grows By 87.0%

Fobi AI Inc. (OTCMKTS:FOBIF) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 57,400 shares, anincreaseof87.0% from the June 30th total of 30,700 shares. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 2.6 days.

Fobi AI Stock Performance

Shares of OTCMKTS FOBIF opened at $0.02 on Wednesday. The business has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.02. Fobi AI has a 52 week low of $0.00 and a 52 week high of $0.06. The stock has a market cap of $3.93 million, a price-to-earnings ratio of -0.44 and a beta of -0.63.

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.