Short Interest in Wearable Devices Ltd. (NASDAQ:WLDS) Expands By 26.7%

Wearable Devices Ltd. (NASDAQ:WLDS) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 27,500 shares, a growth of 26.7% from the October 31st total of 21,700 shares. Currently, 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 545,000 shares, the short-interest ratio is presently 0.1 days.

Wearable Devices Trading Down 9.4 %

Shares of WLDS stock opened at $1.93 on Friday. The stock has a fifty day simple moving average of $3.29 and a two-hundred day simple moving average of $6.39. Wearable Devices has a 52-week low of $1.32 and a 52-week high of $16.00. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08.

About Wearable Devices

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.