Short Interest in Eco Wave Power Global AB (publ) (NASDAQ:WAVE) Declines By 36.8%

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 20,600 shares, a drop of 36.8% from the May 31st total of 32,600 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 0.0 days.

Eco Wave Power Global AB (publ) Price Performance

NASDAQ:WAVE traded up $0.20 on Friday, hitting $2.92. The stock had a trading volume of 19,508 shares, compared to its average volume of 24,460. The company has a fifty day moving average price of $3.17 and a two-hundred day moving average price of $2.16. Eco Wave Power Global AB has a 1-year low of $1.01 and a 1-year high of $4.94. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.71 and a current ratio of 3.71.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) last issued its quarterly earnings data on Thursday, May 16th. The company reported ($0.08) earnings per share for the quarter.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company.