Wearable Devices Ltd. (NASDAQ:WLDS) Sees Significant Drop in Short Interest

Wearable Devices Ltd. (NASDAQ:WLDS) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 31,200 shares, a decrease of 46.3% from the December 31st total of 58,100 shares. Based on an average trading volume of 741,900 shares, the short-interest ratio is presently 0.0 days. Currently, 1.6% of the company’s shares are short sold.

Wearable Devices Stock Up 3.9 %

NASDAQ:WLDS opened at $0.89 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 stock’s fifty day moving average is $1.71 and its two-hundred day moving average is $4.27. Wearable Devices has a 52 week low of $0.83 and a 52 week 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.