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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Weber Stock Today?

Weber Inc (NYSE:WEBR) shares are surging on abnormally-high volume Thursday amid increased retail investor interest.

Weber's average session volume over a 100-day period is 512,528 over a 100-day period. Thursday's trading volume has already exceeded 7.4 million at press time. 

The stock is trending across social media platforms. It was the top-trending ticker on Stocktwits at last check. Traders seem to be focused on the high short interest in the name. 40.1% of Weber's float is currently sold short, according to data from Benzinga Pro.

Weber offers a comprehensive, innovative product portfolio, including charcoal, gas, pellet and electric grills, smokers and accessories designed to help outdoor cooking enthusiasts discover what's possible.

See Also: 5 Short Squeeze Candidates To Watch This Week: Revlon Tops The List, A SPAC Shifts To Second And More

WEBR Price Action: Weber has traded between $20.44 and $5.72 over a 52-week period.

The stock was up 20.4% at $10.39 at press time, according to data from Benzinga Pro.

Photo: Bru-nO from Pixabay.

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