Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Update

Wearable Devices Ltd. (NASDAQ:WLDS) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 27,500 shares, a growth of 26.7% from the October 31st total of 21,700 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average trading volume of 545,000 shares, the days-to-cover ratio is presently 0.1 days.

Wearable Devices Stock Down 9.4 %

Shares of WLDS stock opened at $1.93 on Monday. The firm has a 50-day moving average price of $3.29 and a 200 day moving average price of $6.39. 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 12-month low of $1.32 and a 12-month 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.