Short Interest in Wearable Devices Ltd. (NASDAQ:WLDS) Drops By 46.3%

Wearable Devices Ltd. (NASDAQ:WLDS) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 31,200 shares, a decline of 46.3% from the December 31st total of 58,100 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 741,900 shares, the short-interest ratio is presently 0.0 days.

Wearable Devices Trading Down 7.8 %

Shares of NASDAQ WLDS opened at $1.06 on Wednesday. The firm’s 50-day moving average is $1.73 and its two-hundred day moving average is $4.36. Wearable Devices has a 12-month low of $1.00 and a 12-month high of $16.00. 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.