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

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 10,700 shares, a decline of 89.8% from the February 28th total of 104,900 shares. Based on an average daily volume of 93,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.6% of the company’s stock are short sold.

Wearable Devices Trading Down 4.1 %

Shares of NASDAQ:WLDS traded down $0.09 during trading on Wednesday, reaching $2.08. The stock had a trading volume of 21,625 shares, compared to its average volume of 68,920. The company has a quick ratio of 1.00, a current ratio of 1.34 and a debt-to-equity ratio of 0.08. The firm’s 50-day simple moving average is $3.53 and its 200 day simple moving average is $9.19. Wearable Devices has a one year low of $1.65 and a one year high of $54.40.

Wearable Devices Company Profile

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.