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

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 225,000 shares, a growth of 356.4% from the January 31st total of 49,300 shares. Based on an average trading volume of 847,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 9.7% of the shares of the company are short sold.

Wearable Devices Stock Up 2.5 %

Shares of Wearable Devices stock opened at $0.83 on Friday. The firm’s fifty day simple moving average is $1.31 and its 200-day simple moving average is $3.14. Wearable Devices has a 12 month low of $0.73 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.