Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Update

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totalling 45,400 shares, a decline of 73.2% from the September 15th total of 169,500 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 721,500 shares, the days-to-cover ratio is currently 0.1 days.

Wearable Devices Stock Performance

Shares of NASDAQ:WLDS opened at $3.60 on Friday. Wearable Devices has a fifty-two week low of $3.36 and a fifty-two week high of $22.58. The firm’s 50 day moving average price is $0.46 and its 200 day moving average price is $0.45. The company has a quick ratio of 1.00, a current ratio of 1.34 and a debt-to-equity ratio of 0.08.

Wearable Devices Company Profile

Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, personal computers and laptop computers, drones, robots, and others through finger movements and hand gestures; and SNC sensor module, an operating system (OS) software package and algorithm package to customers.