Wearable Devices Ltd. (NASDAQ:WLDS) Quick Interest Update

Wearable Devices Ltd. ( NASDAQ:WLDS – Get Free Report ) was the target of a big short interest rally in May. As of May 15, short interest stood at 921,000 shares, an increase of 258.6% from the total of 256,800 shares as of April 30. Currently, 7.4% of the company’s shares are in short sale. With average trading volume of 985,000 shares, the short interest rate is currently 0.9 days.

Mobile device trade increased by 13.7%

WLDS opened at $0.43 on Thursday. Wearables have a 1-year low of $0.26 and a 1-year high of $2.56. The stock’s fifty-day simple moving average is $0.44 and its 200-day simple moving average is $0.41. The company has a debt to equity ratio of 0.05, a quick ratio of 3.20 and a current ratio of 3.78.

Information about mobile devices

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Wearable Devices Ltd. is developing 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, TVs, PCs and laptops, drones, robots and more using finger movements and hand gestures; and an SNC sensor module, an operating system (OS) software package, and an algorithm package for customers.

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