Eco Wave Power Global AB (publ) (NASDAQ:WAVE) Short Interest Update

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 20,600 shares, a decrease of 36.8% from the May 31st total of 32,600 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 1,050,000 shares, the short-interest ratio is currently 0.0 days.

Eco Wave Power Global AB (publ) Stock Up 7.4 %

WAVE stock opened at $2.92 on Friday. Eco Wave Power Global AB has a fifty-two week low of $1.01 and a fifty-two week high of $4.94. The business’s 50 day moving average price is $3.17 and its two-hundred day moving average price is $2.16. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.71 and a current ratio of 3.71. The company has a market capitalization of $16.21 million, a price-to-earnings ratio of -8.34 and a beta of -0.67.

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) last posted its earnings results on Thursday, May 16th. The company reported ($0.08) earnings per share for the quarter.

Eco Wave Power Global AB (publ) Company Profile

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company.