Short Interest in Winland Electronics Inc. (OTCMKTS:WELX) Drops By 51.0%

Winland Electronics Inc. (OTCMKTS:WELX) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 711 shares, a decline of 51.0% from the May 31st total of 1,450 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,092 shares, the short-interest ratio is presently 0.1 days.

Winland Electronics Stock Performance

Shares of WELX stock opened at $2.33 on Tuesday. Winland Electronics has a 52-week low of $1.79 and a 52-week high of $4.85. The stock has a market cap of $11.81 million, a price-to-earnings ratio of 4.65 and a beta of 1.28. The firm’s 50-day moving average is $2.36 and its 200-day moving average is $2.68.

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

About Winland Electronics

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.