Fobi AI Inc. (OTCMKTS:FOBIF) Short Interest Up 126.5% in August

Fobi AI Inc. (OTCMKTS:FOBIF) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,653 shares, a growth of 126.5% from the August 15th total of 3,379 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 458,385 shares, the days-to-cover ratio is presently 0.0 days.

Fobi AI Price Performance

Shares of FOBIF opened at $0.04 on Monday. The company’s fifty day moving average is $0.06 and its 200-day moving average is $0.06. Fobi AI has a 12 month low of $0.00 and a 12 month high of $0.20. The firm has a market cap of $10.07 million, a price-to-earnings ratio of -2.00 and a beta of -0.05.

Fobi AI Company Profile

Fobi AI (OTCMKTS: FOBIF) is a Calgary-based technology company that develops AI-driven data analytics and digital commerce solutions for customer engagement. The company’s platform combines location intelligence, real-time data capture, and machine learning to help clients optimize operations, personalize marketing and drive revenue growth across physical and digital channels. Fobi AI supports a variety of enterprise deployments, including customer loyalty programs, digital ordering, people counting and contactless check-in.

At the core of Fobi AI’s offering is a cloud-hosted analytics engine that ingests data from IoT sensors, mobile applications, point-of-sale systems and third-party integrations.