WaveDancer, Inc. (NASDAQ:WAVD) Short Interest Update

WaveDancer, Inc. (NASDAQ:WAVD) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 25,200 shares, a decline of 65.9% from the March 31st total of 74,000 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 192,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On WaveDancer

A hedge fund recently bought a new stake in WaveDancer stock. Trueblood Wealth Management LLC purchased a new stake in WaveDancer, Inc. (NASDAQ:WAVD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 16,000 shares of the company’s stock, valued at approximately $27,000. Trueblood Wealth Management LLC owned about 0.80% of WaveDancer at the end of the most recent quarter. 4.96% of the stock is currently owned by hedge funds and other institutional investors.

WaveDancer Trading Up 14.0 %

NASDAQ WAVD opened at $2.18 on Friday. The business’s 50-day moving average price is $2.56 and its two-hundred day moving average price is $2.21. WaveDancer has a 12 month low of $1.10 and a 12 month high of $9.00.

About WaveDancer

WaveDancer, Inc engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. It also offers secure supply chain management software solution; consulting, development, training, and migration; and software development, system modernizations, cloud-based solutions, and cybersecurity services.