Weshop Holdings Ltd (NASDAQ:WSHP) Short Interest Update

Weshop Holdings Ltd (NASDAQ:WSHP) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 211,199 shares, a decline of 37.7% from the June 30th total of 338,978 shares. Based on an average trading volume of 115,838 shares, the days-to-cover ratio is presently 1.8 days.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wall Street Zen raised Weshop from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings started coverage on Weshop in a report on Thursday, June 18th. They set a “sell (e+)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Weshop Stock Performance

WSHP stock opened at $4.85 on Thursday. Weshop has a 12 month low of $4.32 and a 12 month high of $250.00.

About Weshop

WeShop’s mission is to create a global, e-commerce social community empowered by user ownership. WeShop is a shoppable social network. It is a community built for shoppers to inspire, guide and earn rewards. In one platform, we have blended User-Generated Content specific to products, online retail, and a rewards mechanism relevant to people interested in share ownership. WeShop is a community owned social commerce platform offering shoppers the option to receive shares in the Company every time they make a purchase or refer a new user who makes purchases.