Wearable Devices Ltd. (NASDAQ:WLDSW) Sees Large Growth in Short Interest

Wearable Devices Ltd. (NASDAQ:WLDSW) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 250 shares, a growth of 108.3% from the March 15th total of 120 shares. Based on an average daily trading volume, of 27 shares, the short-interest ratio is currently 9.3 days.

Wearable Devices Price Performance

NASDAQ WLDSW opened at $3.10 on Monday. Wearable Devices has a one year low of $2.16 and a one year high of $17.97. The company has a 50-day simple moving average of $3.49 and a 200-day simple moving average of $5.57.

Wearable Devices Company Profile

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.