Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Up 136.2% in January

Alphawave IP Group plc (OTCMKTS:AWEVF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 366,100 shares, an increase of 136.2% from the January 15th total of 155,000 shares. Based on an average daily volume of 203,800 shares, the days-to-cover ratio is presently 1.8 days.

Alphawave IP Group Trading Down 6.7 %

OTCMKTS AWEVF traded down $0.12 on Thursday, reaching $1.63. The company had a trading volume of 26,550 shares, compared to its average volume of 150,423. The company’s fifty day moving average is $1.49 and its 200 day moving average is $1.58. Alphawave IP Group has a 52-week low of $1.02 and a 52-week high of $2.62.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.