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

Wearable Devices Ltd. (NASDAQ:WLDS) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 31,200 shares, a drop of 46.3% from the December 15th total of 58,100 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 741,900 shares, the short-interest ratio is currently 0.0 days.

Wearable Devices Stock Down 0.7 %

Shares of NASDAQ WLDS opened at $1.50 on Thursday. The stock’s 50-day simple moving average is $1.85 and its two-hundred day simple moving average is $4.90. Wearable Devices has a twelve month low of $1.20 and a twelve month high of $16.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34.

About Wearable Devices

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.