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

Wearable Devices Ltd. (NASDAQ:WLDS) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 31,200 shares, a decline of 46.3% from the December 15th total of 58,100 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 741,900 shares, the days-to-cover ratio is currently 0.0 days.

Wearable Devices Price Performance

WLDS opened at $1.43 on Tuesday. Wearable Devices has a twelve month low of $1.20 and a twelve month high of $16.00. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average is $1.87 and its two-hundred day moving average is $4.97.

About Wearable Devices

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.