Webus International Limited (NASDAQ:WETO) Short Interest Update

Webus International Limited (NASDAQ:WETO) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 6,894 shares, a decrease of 30.8% from the February 12th total of 9,961 shares. Based on an average daily volume of 9,796 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,796 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Webus International in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Webus International presently has an average rating of “Sell”.

Webus International Stock Up 6.8%

Shares of Webus International stock opened at $0.52 on Friday. The business has a 50-day moving average price of $0.58 and a two-hundred day moving average price of $1.15. Webus International has a 1-year low of $0.41 and a 1-year high of $4.30. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.04.

Webus International Company Profile

Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.