Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Down 46.3% in January

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 31,200 shares, a drop of 46.3% from the December 31st total of 58,100 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 741,900 shares, the short-interest ratio is presently 0.0 days.

Wearable Devices Trading Down 18.8 %

WLDS stock opened at $0.86 on Thursday. The company has a 50 day moving average price of $1.72 and a 200 day moving average price of $4.30. Wearable Devices has a fifty-two week low of $0.83 and a fifty-two week high of $16.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34.

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.