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

Wearable Devices Ltd. (NASDAQ:WLDS) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 58,100 shares, a decline of 50.6% from the November 30th total of 117,600 shares. Based on an average trading volume of 621,300 shares, the short-interest ratio is presently 0.1 days. Currently, 3.0% of the shares of the company are short sold.

Wearable Devices Trading Up 1.1 %

NASDAQ:WLDS opened at $1.88 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.34 and a quick ratio of 1.00. The stock has a 50-day simple moving average of $2.21 and a two-hundred day simple moving average of $5.69. Wearable Devices has a 52-week low of $1.32 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.