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

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 10,700 shares, a drop of 89.8% from the February 28th total of 104,900 shares. Based on an average trading volume of 93,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.6% of the shares of the company are short sold.

Wearable Devices Price Performance

NASDAQ WLDS opened at $2.08 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. The business’s fifty day moving average is $3.45 and its 200 day moving average is $9.14. Wearable Devices has a fifty-two week low of $1.65 and a fifty-two week high of $54.40.

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.