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 increase in short interest in the month of August. As of August 15th, there was short interest totalling 29,000 shares, an increase of 49.5% from the July 31st total of 19,400 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 18,500 shares, the short-interest ratio is currently 1.6 days.

Eco Wave Power Global AB (publ) Trading Down 1.0 %

NASDAQ WAVE opened at $4.10 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.71 and a quick ratio of 3.71. The stock has a market capitalization of $22.76 million, a P/E ratio of -11.71 and a beta of -0.74. The firm’s 50-day moving average is $2.98 and its two-hundred day moving average is $2.65. Eco Wave Power Global AB has a 12 month low of $1.01 and a 12 month high of $4.94.

About Eco Wave Power Global AB (publ)

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.