Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Down 50.6% in December

Wearable Devices Ltd. (NASDAQ:WLDS) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 58,100 shares, a decrease of 50.6% from the November 30th total of 117,600 shares. Currently, 3.0% of the company’s stock are sold short. Based on an average daily trading volume, of 621,300 shares, the short-interest ratio is presently 0.1 days.

Wearable Devices Stock Performance

Shares of NASDAQ WLDS opened at $1.88 on Friday. The firm’s 50 day moving average price is $2.21 and its 200-day moving average price is $5.69. Wearable Devices has a 52-week low of $1.32 and a 52-week high of $16.00. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08.

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.