Wearable Devices Ltd. (NASDAQ:WLDS) Sees Large Decrease in Short Interest

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 251,700 shares, a decline of 57.1% from the March 31st total of 587,200 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 1,030,000 shares, the short-interest ratio is currently 0.2 days.

Wearable Devices Stock Performance

NASDAQ:WLDS opened at $0.37 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.78 and a quick ratio of 3.20. Wearable Devices has a fifty-two week low of $0.26 and a fifty-two week high of $2.56. The business has a 50 day moving average price of $0.50 and a 200-day moving average price of $0.46.

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 Inspire 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.