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

Wearable Devices Ltd. (NASDAQ:WLDSW) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,278 shares, a drop of 66.4% from the June 15th total of 6,777 shares. Based on an average daily volume of 1,230 shares, the days-to-cover ratio is presently 1.9 days.

Wearable Devices Stock Performance

Wearable Devices stock opened at $10.36 on Monday. The business has a 50-day simple moving average of $14.43. Wearable Devices has a twelve month low of $5.70 and a twelve month high of $53.91.

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 Inspire 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. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market.