Alphawave IP Group plc (OTCMKTS:AWEVF) Sees Significant Decline in Short Interest

Alphawave IP Group plc (OTCMKTS:AWEVF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 211,500 shares, a decrease of 42.2% from the January 31st total of 366,100 shares. Based on an average trading volume of 97,200 shares, the short-interest ratio is presently 2.2 days.

Alphawave IP Group Trading Down 4.3 %

Shares of OTCMKTS AWEVF traded down $0.07 during mid-day trading on Friday, hitting $1.52. 204,800 shares of the company traded hands, compared to its average volume of 128,861. Alphawave IP Group has a 1 year low of $1.02 and a 1 year high of $2.62. The business has a 50 day moving average of $1.55 and a two-hundred day moving average of $1.57.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.