Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Down 57.9% in January

Wearable Devices Ltd. (NASDAQ:WLDS) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 49,300 shares, a decline of 57.9% from the January 15th total of 117,200 shares. Based on an average trading volume of 846,300 shares, the short-interest ratio is currently 0.1 days. Currently, 2.5% of the shares of the company are short sold.

Wearable Devices Stock Up 5.0 %

Shares of NASDAQ WLDS traded up $0.05 during trading hours on Friday, hitting $0.99. 241,665 shares of the company’s stock were exchanged, compared to its average volume of 344,453. The company’s 50-day moving average price is $1.49 and its 200-day moving average price is $3.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.34 and a quick ratio of 1.00. Wearable Devices has a 1-year low of $0.73 and a 1-year high of $16.00.

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.