VisionWave Holdings Inc (NASDAQ:VWAV) Stock Short Interest Report for September

VisionWave Holdings Inc (NASDAQ:VWAV) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 294,618 shares, a decrease of 86.6% from the September 15th total of 2,199,112 shares. Based on an average daily volume of 948,033 shares, the short-interest ratio is currently 0.3 days. Approximately 15.1% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VWAV shares. Wall Street Zen lowered shares of VisionWave from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Weiss Ratings downgraded shares of VisionWave from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On VisionWave

An institutional investor recently bought a new stake in VisionWave stock. Equitable Holdings Inc. acquired a new position in shares of VisionWave Holdings Inc (NASDAQ:VWAV) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,650 shares of the company’s stock, valued at approximately $59,000. 51.36% of the stock is currently owned by institutional investors and hedge funds.

VisionWave Stock Up 11.7%

Shares of VisionWave stock opened at $5.74 on Friday. The firm has a market cap of $12.79 million, a P/E ratio of -0.12 and a beta of 0.78. VisionWave has a fifty-two week low of $3.90 and a fifty-two week high of $316.00. The business has a 50-day moving average price of $14.48 and a 200 day moving average price of $72.14.

VisionWave Company Profile

VisionWave Holdings, Inc is a technology company focused on developing advanced defense and aerospace solutions. Its activities center on the integration of artificial intelligence, sensing technologies, communications systems and autonomous capabilities for applications in defense and space.

The company has described its technology portfolio as including AI-enabled radar and sensing systems, satellite and wireless communications, autonomous platforms, hypersonic-related technologies and directed-energy solutions.