Wearable Devices Ltd. (NASDAQ:WLDS – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 37,539 shares, an increase of 56.8% from the September 15th total of 23,943 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily trading volume, of 420,619 shares, the short-interest ratio is presently 0.1 days.
Analysts Set New Price Targets
Several research analysts have commented on WLDS shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Wearable Devices in a report on Monday, September 21st. Wall Street Zen lowered shares of Wearable Devices from a “hold” rating to a “sell” rating in a research note on Sunday, August 30th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
Get Our Latest Analysis on Wearable Devices
Wearable Devices Price Performance
NASDAQ:WLDS opened at $1.27 on Friday. The business’s fifty day moving average price is $1.96 and its 200 day moving average price is $2.50. Wearable Devices has a 1-year low of $1.15 and a 1-year high of $35.28.
Wearable Devices (NASDAQ:WLDS – Get Free Report) last announced its quarterly earnings data on Monday, August 24th. The company reported ($1.75) EPS for the quarter. The business had revenue of $0.17 million during the quarter.
About Wearable Devices
Wearable Devices Ltd. is an Israel-based technology company that develops wearable human-computer interface products. Its technology is designed to interpret subtle neural signals from the wrist and translate them into digital commands, enabling users to control compatible devices without conventional touch or physical input.
The company’s principal product is the Mudra Band, a wrist-worn device intended to support gesture-based interaction with computers, smartphones, augmented- and virtual-reality systems, and other digital platforms.
See Also
- Five stocks we like better than Wearable Devices
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Wearable Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wearable Devices and related companies with MarketBeat.com's FREE daily email newsletter.
