WiSA Technologies, Inc. (NASDAQ:WISA) Short Interest Update

Posted by Eileen French on Jan 30th, 2025

WiSA Technologies, Inc. (NASDAQ:WISA – Get Free Report) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 632,000 shares, a decrease of 49.4% from the December 31st total of 1,250,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets dropped their price objective on WiSA Technologies from $14.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, December 6th.

Get Our Latest Analysis on WISA

Institutional Investors Weigh In On WiSA Technologies

An institutional investor recently bought a new position in WiSA Technologies stock. Anson Funds Management LP purchased a new position in shares of WiSA Technologies, Inc. (NASDAQ:WISA – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 353,121 shares of the company’s stock, valued at approximately $625,000. Anson Funds Management LP owned about 6.28% of WiSA Technologies at the end of the most recent reporting period. Institutional investors own 0.66% of the company’s stock.

WiSA Technologies Stock Down 4.2 %

Shares of WISA traded down $0.06 during trading hours on Thursday, reaching $1.26. 263,517 shares of the company traded hands, compared to its average volume of 713,139. The stock’s fifty day moving average is $1.74 and its 200 day moving average is $1.85. WiSA Technologies has a 1-year low of $1.15 and a 1-year high of $15.11.

WiSA Technologies Company Profile

(Get Free Report)

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.