58.COM Inc American Depositary Shares Each Repre (NYSE:WUBA) Short Interest Reduced By 16.85%

58.COM Inc American Depositary Shares Each Repre (NYSE:WUBA) had a decrease of its short interest by 16.85%. FINRA announced in February WUBA’s total 2.23M short interest. The down change of 16.85% from 2.68M shares was reported. Previous WUBA’s position will need 2 days to restore. It has 1.26M average volume. Float short on 58.COM Inc American Depositary Shares Each Repre is 2.28%.

WUBA reached $67.07 during the last trading session after $1.18 change.58.com Inc. has volume of 484,970 shares. Since February 10, 2018 WUBA has declined 17.50% and is downtrending. The stock underperformed the S&P500 by 17.50%.

58.com Inc. operates online classifieds and listing platforms that enable local merchants and clients to connect, share information, and conduct business in China.The firm is worth $9.94 billion. It primarily operates online multi-content category-classified advertising platforms under the 58 and Ganji names; and Anjuke, an online real estate listing platform.The P/E ratio is 33.04. The company??s platform contains local information of approximately 500 cities or towns in various content categories, including jobs, real estate, used goods, automotive, and yellow pages.

There’s a significant 58.com Inc. (NYSE:WUBA) news published by Gurufocus.com. It’s an item titled: “Matthews China Fund Starts 4 Positions in 4th Quarter – GuruFocus.com” on January 31, 2019.

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