Wearable Devices Ltd. (NASDAQ:WLDS) Short Interest Down 19.4% in April

Wearable Devices Ltd. (NASDAQ:WLDS) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 12,900 shares, a drop of 19.4% from the March 31st total of 16,000 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 98,000 shares, the days-to-cover ratio is presently 0.1 days.

Wearable Devices Trading Up 1.9 %

Shares of NASDAQ:WLDS opened at $1.62 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. Wearable Devices has a 1 year low of $1.20 and a 1 year high of $54.40. The stock has a 50-day simple moving average of $2.19 and a 200-day simple moving average of $5.49.

About Wearable Devices

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.