Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Down 42.2% in February

Alphawave IP Group plc (OTCMKTS:AWEVF) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 211,500 shares, a drop of 42.2% from the January 31st total of 366,100 shares. Based on an average daily trading volume, of 97,200 shares, the short-interest ratio is currently 2.2 days.

Alphawave IP Group Stock Performance

Alphawave IP Group stock opened at $1.53 on Tuesday. The firm’s fifty day simple moving average is $1.56 and its 200-day simple moving average is $1.57. Alphawave IP Group has a 1-year low of $1.02 and a 1-year high of $2.62.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.