Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Update

Alphawave IP Group plc (OTCMKTS:AWEVF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,019,400 shares, a growth of 352.1% from the March 31st total of 225,500 shares. Based on an average daily trading volume, of 296,000 shares, the days-to-cover ratio is currently 3.4 days.

Alphawave IP Group Stock Up 7.4 %

Alphawave IP Group stock traded up $0.11 during trading on Monday, reaching $1.60. 325,300 shares of the company’s stock were exchanged, compared to its average volume of 107,650. The company’s 50-day moving average is $1.55 and its two-hundred day moving average is $1.52. Alphawave IP Group has a 52-week low of $1.02 and a 52-week high of $2.10.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.