Short Interest in Alphawave IP Group plc (OTCMKTS:AWEVF) Decreases By 7.9%

Alphawave IP Group plc (OTCMKTS:AWEVF) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 85,200 shares, a decline of 7.9% from the October 31st total of 92,500 shares. Based on an average trading volume of 30,400 shares, the short-interest ratio is presently 2.8 days.

Alphawave IP Group Trading Up 3.2 %

OTCMKTS:AWEVF opened at $1.75 on Wednesday. Alphawave IP Group has a twelve month low of $1.16 and a twelve month high of $2.62. The firm’s fifty day simple moving average is $1.48 and its 200 day simple moving average is $1.71.

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.