Fobi AI Inc. (OTCMKTS:FOBIF) Sees Large Decrease in Short Interest

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 10,000 shares, a decrease of 68.9% from the January 15th total of 32,200 shares. Based on an average daily volume of 86,700 shares, the short-interest ratio is currently 0.1 days.

Fobi AI Price Performance

Fobi AI stock traded down $0.01 during midday trading on Wednesday, reaching $0.01. The company had a trading volume of 12,084 shares, compared to its average volume of 73,830. Fobi AI has a 12-month low of $0.00 and a 12-month high of $0.09. The company has a market capitalization of $2.18 million, a P/E ratio of -0.24 and a beta of 0.35. The firm’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.03.

Fobi AI Company Profile

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.