Winland Electronics Inc. (OTCMKTS:WELX) Short Interest Down 51.0% in June

Winland Electronics Inc. (OTCMKTS:WELX) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 711 shares, a drop of 51.0% from the May 31st total of 1,450 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 11,092 shares, the short-interest ratio is currently 0.1 days.

Winland Electronics Stock Down 2.4%

Winland Electronics stock opened at $2.27 on Wednesday. The business’s 50-day simple moving average is $2.36 and its 200 day simple moving average is $2.67. The stock has a market cap of $11.53 million, a price-to-earnings ratio of 4.54 and a beta of 1.28. Winland Electronics has a 12-month low of $1.79 and a 12-month high of $4.85.

Winland Electronics (OTCMKTS:WELX) last announced its quarterly earnings data 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.

Winland Electronics Company Profile

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.