Short Interest in Wearable Devices Ltd. (NASDAQ:WLDS) Decreases By 73.2%

Wearable Devices Ltd. (NASDAQ:WLDS) saw a large decline in short interest in September. As of September 30th, there was short interest totalling 45,400 shares, a decline of 73.2% from the September 15th total of 169,500 shares. Based on an average trading volume of 721,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Wearable Devices Price Performance

WLDS traded down $0.53 on Friday, reaching $3.62. The company had a trading volume of 81,230 shares, compared to its average volume of 50,114. Wearable Devices has a 1 year low of $3.36 and a 1 year high of $22.58. The stock has a 50-day moving average price of $0.40 and a 200-day moving average price of $0.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.34 and a quick ratio of 1.00.

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.