WiSA Technologies Stock Set to Reverse Split on Monday, April 15th (NASDAQ:WISA)

WiSA Technologies, Inc. (NASDAQ:WISA) shares are going to reverse split on Monday, April 15th. The 1-150 reverse split was announced on Monday, April 15th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, April 15th.

WiSA Technologies Price Performance

Shares of WiSA Technologies stock opened at $0.02 on Thursday. The firm has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.14. WiSA Technologies has a fifty-two week low of $0.02 and a fifty-two week high of $2.68.

Institutional Investors Weigh In On WiSA Technologies

Hedge funds have recently made changes to their positions in the company. Sabby Management LLC acquired a new stake in WiSA Technologies in the 1st quarter valued at about $181,000. Anson Funds Management LP bought a new position in WiSA Technologies in the first quarter valued at approximately $118,000. Finally, Bank of America Corp DE bought a new position in WiSA Technologies in the first quarter valued at approximately $25,000. Institutional investors and hedge funds own 0.66% of the company’s stock.

WiSA Technologies Company Profile

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.