Winland Electronics Inc. (OTCMKTS:WELX) Short Interest Down 49.9% in May

Winland Electronics Inc. (OTCMKTS:WELX) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 1,450 shares, a drop of 49.9% from the May 14th total of 2,895 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 11,067 shares, the short-interest ratio is currently 0.1 days.

Winland Electronics Trading Down 10.0%

WELX opened at $2.25 on Friday. The firm has a market cap of $11.43 million, a P/E ratio of 4.50 and a beta of 1.28. Winland Electronics has a 12 month low of $1.79 and a 12 month high of $4.85. The stock has a 50-day moving average of $2.28 and a 200 day moving average of $2.78.

Winland Electronics (OTCMKTS:WELX) last announced its earnings results on Wednesday, May 6th. The technology company reported ($0.29) earnings per share (EPS) for the quarter. The business had revenue of $1.16 million during the quarter.

Winland Electronics Company Profile

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.