Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Up 63.4% in November

Alphawave IP Group plc (OTCMKTS:AWEVF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 139,200 shares, a growth of 63.4% from the November 15th total of 85,200 shares. Based on an average daily volume of 38,100 shares, the short-interest ratio is currently 3.7 days.

Alphawave IP Group Price Performance

Shares of OTCMKTS AWEVF traded down $0.03 during mid-day trading on Friday, reaching $1.40. The company had a trading volume of 7,000 shares, compared to its average volume of 27,517. The stock has a fifty day moving average of $1.51 and a two-hundred day moving average of $1.70. Alphawave IP Group has a 12-month low of $1.16 and a 12-month high of $2.62.

Alphawave IP Group Company Profile

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.