WiSA Technologies, Inc. (NASDAQ:WISA) Short Interest Update

WiSA Technologies, Inc. (NASDAQ:WISA) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 195,300 shares, a drop of 95.3% from the March 31st total of 4,140,000 shares. Approximately 10.9% of the company’s shares are sold short. Based on an average daily volume of 5,450,000 shares, the days-to-cover ratio is currently 0.0 days.

WiSA Technologies Stock Up 3.8 %

Shares of NASDAQ:WISA traded up $0.23 during midday trading on Thursday, reaching $6.28. 10,632,169 shares of the company’s stock were exchanged, compared to its average volume of 4,567,522. The firm’s 50 day simple moving average is $4.88 and its two-hundred day simple moving average is $15.76. WiSA Technologies has a fifty-two week low of $1.66 and a fifty-two week high of $402.00.

About WiSA Technologies

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.