Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Up 356.4% in February

Wearable Devices Ltd. (NASDAQ:WLDS) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 225,000 shares, a growth of 356.4% from the January 31st total of 49,300 shares. Based on an average daily volume of 847,700 shares, the short-interest ratio is presently 0.3 days. Approximately 9.7% of the company’s shares are sold short.

Wearable Devices Price Performance

Shares of Wearable Devices stock opened at $0.81 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34. The business has a 50-day moving average of $1.33 and a 200 day moving average of $3.22. Wearable Devices has a 12 month low of $0.73 and a 12 month high of $16.00.

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.