Wearable Devices Ltd. (NASDAQ:WLDSW) Short Interest Up 12,221.8% in June

Wearable Devices Ltd. (NASDAQ:WLDSW) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 6,777 shares, an increase of 12,221.8% from the May 31st total of 55 shares. Based on an average daily volume of 3,074 shares, the days-to-cover ratio is presently 2.2 days.

Wearable Devices Stock Performance

Shares of WLDSW opened at $15.00 on Friday. Wearable Devices has a 12-month low of $5.70 and a 12-month high of $53.91. The company’s 50-day moving average price is $13.71 and its 200 day moving average price is $12.47.

Wearable Devices Company Profile

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 Inspire 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. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market.