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

Wearable Devices Ltd. (NASDAQ:WLDS) was the target of a significant growth in short interest during the month of 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 company are sold short. Based on an average daily volume of 545,000 shares, the short-interest ratio is currently 0.1 days.

Wearable Devices Stock Performance

Shares of Wearable Devices stock opened at $1.93 on Friday. Wearable Devices has a 1-year low of $1.32 and a 1-year high of $16.00. The company’s fifty day simple moving average is $3.29 and its 200-day simple moving average is $6.39. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08.

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.