Fobi AI Inc. (OTCMKTS:FOBIF) Short Interest Up 169.9% in April

Fobi AI Inc. (OTCMKTS:FOBIFGet Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 25,100 shares, an increase of 169.9% from the March 31st total of 9,300 shares. Based on an average daily volume of 72,600 shares, the short-interest ratio is currently 0.3 days.

Fobi AI Price Performance

Shares of OTCMKTS:FOBIF opened at $0.05 on Friday. The business has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.08. Fobi AI has a 52 week low of $0.05 and a 52 week high of $0.32.

Fobi AI (OTCMKTS:FOBIFGet Free Report) last posted its quarterly earnings results on Thursday, February 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Fobi AI had a negative net margin of 321.37% and a negative return on equity of 277.82%. The firm had revenue of $0.57 million for the quarter.

Fobi AI Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Fobi AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fobi AI and related companies with MarketBeat.com's FREE daily email newsletter.