Weshop Holdings Ltd (NASDAQ:WSHP) Short Interest Update

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

Weshop Stock Down 7.4%

Shares of WSHP stock opened at $4.89 on Friday. Weshop has a 12 month low of $4.32 and a 12 month high of $250.00.

Analyst Ratings Changes

Several research analysts recently weighed in on WSHP shares. Weiss Ratings assumed coverage on shares of Weshop in a research note on Thursday, June 18th. They set a “sell (e+)” rating on the stock. Wall Street Zen upgraded Weshop from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Weshop Company Profile

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.