Eco Wave Power Global AB (publ) (NASDAQ:WAVE) Short Interest Up 20.5% in April

Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 57,600 shares, a growth of 20.5% from the April 15th total of 47,800 shares. Based on an average daily trading volume, of 161,200 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the stock are short sold.

An institutional investor recently bought a new position in Eco Wave Power Global AB (publ) stock. Jane Street Group LLC acquired a new position in Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Rating) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 12,272 shares of the company’s stock, valued at approximately $66,000. Jane Street Group LLC owned approximately 0.22% of Eco Wave Power Global AB (publ) as of its most recent SEC filing.

Shares of NASDAQ:WAVE opened at $3.80 on Wednesday. Eco Wave Power Global AB has a 52 week low of $3.27 and a 52 week high of $30.00. The firm has a fifty day simple moving average of $5.14 and a two-hundred day simple moving average of $5.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 16.70 and a quick ratio of 16.70.

Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Rating) last issued its quarterly earnings data on Monday, February 28th. The company reported ($0.09) EPS for the quarter.

Eco Wave Power Global AB (publ) Company Profile (Get Rating)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company.

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