Short Interest in Fobi AI Inc. (OTCMKTS:FOBIF) Increases By 126.5%

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

Fobi AI Stock Performance

OTCMKTS:FOBIF opened at $0.04 on Monday. The business’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.06. The firm has a market capitalization of $10.07 million, a price-to-earnings ratio of -2.00 and a beta of -0.05. Fobi AI has a 1-year low of $0.00 and a 1-year high of $0.20.

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.