Short Interest in Alphawave IP Group plc (OTCMKTS:AWEVF) Declines By 7.9%

Alphawave IP Group plc (OTCMKTS:AWEVF) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 85,200 shares, a decrease of 7.9% from the October 31st total of 92,500 shares. Based on an average daily volume of 30,400 shares, the short-interest ratio is currently 2.8 days.

Alphawave IP Group Stock Down 11.1 %

AWEVF stock opened at $1.54 on Monday. The business’s 50-day moving average price is $1.47 and its 200-day moving average price is $1.70. Alphawave IP Group has a twelve month low of $1.16 and a twelve month 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.