Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Down 8.1% in September

Alphawave IP Group plc (OTCMKTS:AWEVF) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 92,500 shares, a decline of 8.1% from the September 15th total of 100,700 shares. Based on an average daily trading volume, of 99,700 shares, the short-interest ratio is currently 0.9 days.

Alphawave IP Group Stock Up 2.6 %

Shares of AWEVF opened at $1.31 on Friday. The firm’s fifty day simple moving average is $1.66 and its two-hundred day simple moving average is $1.75. Alphawave IP Group has a 12 month low of $1.12 and a 12 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.