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

Winland Electronics Inc. (OTCMKTS:WELX) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,015 shares, an increase of 303.0% from the August 15th total of 500 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is presently 0.4 days.

Winland Electronics Price Performance

Shares of Winland Electronics stock opened at $2.77 on Friday. The stock has a market cap of $14.07 million, a price-to-earnings ratio of -5.54 and a beta of 1.27. The firm’s 50-day moving average is $2.36 and its 200 day moving average is $2.34. Winland Electronics has a 1 year low of $1.79 and a 1 year high of $4.58.

Winland Electronics (OTCMKTS:WELX) last released its quarterly earnings data on Friday, July 31st. The technology company reported ($0.13) earnings per share for the quarter. The business had revenue of $1.64 million for 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.