Wearable Devices Ltd. (NASDAQ:WLDS) Sees Significant Drop in Short Interest

Posted by Jessica Moore on Mar 29th, 2026

Wearable Devices Ltd. (NASDAQ:WLDS – Get Free Report) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 252,094 shares, a drop of 35.6% from the February 26th total of 391,365 shares. Currently, 7.1% of the company’s stock are sold short. Based on an average trading volume of 120,131 shares, the short-interest ratio is presently 2.1 days.

Wall Street Analyst Weigh In

WLDS has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Wearable Devices in a research report on Monday, December 22nd. Wall Street Zen raised Wearable Devices from a “strong sell” rating to a “hold” rating in a report on Sunday, March 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

View Our Latest Analysis on Wearable Devices

Wearable Devices Stock Down 4.6%

NASDAQ:WLDS opened at $1.24 on Friday. The company has a 50 day simple moving average of $2.36 and a two-hundred day simple moving average of $6.29. Wearable Devices has a 12 month low of $1.24 and a 12 month high of $34.20.

Institutional Trading of Wearable Devices

A hedge fund recently bought a new stake in Wearable Devices stock. Kathmere Capital Management LLC bought a new stake in Wearable Devices Ltd. (NASDAQ:WLDS – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 134,500 shares of the company’s stock, valued at approximately $655,000. Kathmere Capital Management LLC owned 2.38% of Wearable Devices as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 0.24% of the company’s stock.

About Wearable Devices

(Get Free Report)

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.