Fobi AI Inc. (OTCMKTS:FOBIF – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 3,379 shares, a decline of 55.8% from the August 31st total of 7,653 shares. Based on an average trading volume of 26,346 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
Fobi AI Price Performance
Shares of OTCMKTS:FOBIF remained flat at $0.02 during midday trading on Tuesday. The company had a trading volume of 67,273 shares, compared to its average volume of 99,583. Fobi AI has a twelve month low of $0.00 and a twelve month high of $0.20. The stock’s 50-day moving average is $0.05 and its two-hundred day moving average is $0.05. The company has a market cap of $4.49 million, a P/E ratio of -1.00 and a beta of -0.05.
About Fobi AI
Fobi AI Inc is a Vancouver, British Columbia-based technology company that develops data intelligence and mobile-wallet solutions for businesses. Its platform is designed to help organizations distribute digital passes, including loyalty cards, coupons, tickets, memberships and identification credentials, through mobile devices.
The company’s technology is intended to connect digital wallet activity with business data, enabling organizations to engage customers, manage promotions and generate insights from transactions and other interactions.
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