Wearable Devices Ltd. (NASDAQ:WLDS) Short interest fell 51.0% in June

Wearable Devices Ltd. (NASDAQ:WLDS – Get Free Report) was the target of a significant short interest decline in June. As of June 30, short interest totaled 744,500 shares, down 51.0% from June 15, when it was 1,520,000 shares. Based on an average daily volume of 1,110,000 shares, the short interest ratio is currently 0.7 days. About 6.0% of the company’s shares are being sold short.

Wearables Price Performance

Shares of WLDS opened at $0.49 on Friday. Wearable Devices has a twelve-month low of $0.26 and a twelve-month high of $1.81. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.20 and a quick ratio of 3.78. The company has a fifty day simple moving average of $0.42 and a 200 day simple moving average of $0.44.

Wearables Company Profile

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Wearable Devices Ltd. is engaged in the development of a non-invasive neural input interface for controlling digital devices using subtle, non-contact 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 laptops, drones, robots, and more, using finger movements and hand gestures; and the SNC sensor module, operating system (OS) software package, and algorithm package for customers.

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