Wearable Devices Ltd. (NASDAQ:WLDSW) Sees Large Drop in Short Interest

Wearable Devices Ltd. (NASDAQ:WLDSW) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 2,278 shares, a drop of 66.4% from the June 15th total of 6,777 shares. Based on an average daily volume of 1,230 shares, the days-to-cover ratio is currently 1.9 days.

Wearable Devices Stock Performance

NASDAQ WLDSW opened at $10.36 on Monday. The business has a 50 day simple moving average of $14.43. Wearable Devices has a 12 month low of $5.70 and a 12 month high of $53.91.

Wearable Devices Company Profile

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 Inspire 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. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market.