Short Interest in Alphawave IP Group plc (OTCMKTS:AWEVF) Decreases By 49.7%

Alphawave IP Group plc (OTCMKTS:AWEVF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 162,400 shares, a decrease of 49.7% from the December 31st total of 322,600 shares. Based on an average trading volume of 306,200 shares, the days-to-cover ratio is presently 0.5 days.

Alphawave IP Group Price Performance

Shares of Alphawave IP Group stock opened at $1.66 on Wednesday. The firm has a fifty day moving average price of $1.47 and a two-hundred day moving average price of $1.59. Alphawave IP Group has a fifty-two week low of $1.02 and a fifty-two week high of $2.62.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.