Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Up 7.1% in October

Alphawave IP Group plc (OTCMKTS:AWEVFGet Free Report) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 58,600 shares, a growth of 7.1% from the October 15th total of 54,700 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 3.9 days.

Analysts Set New Price Targets

Separately, Barclays decreased their price target on shares of Alphawave IP Group from GBX 185 ($2.27) to GBX 180 ($2.21) in a research note on Tuesday, September 26th.

View Our Latest Stock Report on Alphawave IP Group

Alphawave IP Group Stock Performance

AWEVF opened at $1.25 on Friday. Alphawave IP Group has a fifty-two week low of $1.11 and a fifty-two week high of $2.23. The firm’s fifty day moving average price is $1.45 and its two-hundred day moving average price is $1.64.

About Alphawave IP Group

(Get Free Report)

Alphawave IP Group plc designs, develops, and sells connectivity solutions. The company offers connectivity, integrated products, and chiplet IP products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, and solid-state storage end markets in North America, the Asia Pacific, Europe, and the United Kingdom.

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