Alphawave IP Group plc (OTCMKTS:AWEVF) Sees Large Decrease in Short Interest

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

Alphawave IP Group Stock Performance

Alphawave IP Group stock opened at $1.43 on Wednesday. The business has a fifty day moving average of $1.44 and a two-hundred day moving average of $1.61. Alphawave IP Group has a twelve month low of $1.02 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.