Winland Electronics Inc. (OTCMKTS:WELX) Short Interest Update

Winland Electronics Inc. (OTCMKTS:WELX) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,895 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 18,282 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Winland Electronics Trading Down 6.4%

Shares of OTCMKTS WELX traded down $0.17 during midday trading on Tuesday, reaching $2.48. 5,798 shares of the company were exchanged, compared to its average volume of 7,291. The stock has a market cap of $12.60 million, a P/E ratio of 4.96 and a beta of 1.28. Winland Electronics has a 1 year low of $1.79 and a 1 year high of $4.85. The stock has a fifty day simple moving average of $2.24 and a 200 day simple moving average of $2.84.

Winland Electronics (OTCMKTS:WELX) last announced its earnings results on Wednesday, May 6th. The technology company reported ($0.29) earnings per share for the quarter. The business had revenue of $1.16 million during the quarter.

About Winland Electronics

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.