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

Wearable Devices Ltd. (NASDAQ:WLDSW – Get Free Report) 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 trading volume of 3,074 shares, the short-interest ratio is presently 2.2 days.

Wearable Devices Stock Down 19.2%

Wearable Devices stock traded down $3.57 during trading on Thursday, reaching $15.00. 1,248 shares of the company’s stock were exchanged, compared to its average volume of 846. The company’s 50-day moving average is $13.60 and its two-hundred day moving average is $12.48. Wearable Devices has a 52-week low of $5.70 and a 52-week high of $53.91.

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Wearable Devices Company Profile

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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.

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