WaveDancer, Inc. (NASDAQ:WAVD) Short Interest Down 65.9% in April

WaveDancer, Inc. (NASDAQ:WAVD) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 25,200 shares, a decline of 65.9% from the March 31st total of 74,000 shares. Based on an average daily volume of 192,000 shares, the short-interest ratio is presently 0.1 days. Currently, 1.5% of the company’s stock are short sold.

Institutional Trading of WaveDancer

A hedge fund recently bought a new stake in WaveDancer stock. Trueblood Wealth Management LLC bought a new position in shares of WaveDancer, Inc. (NASDAQ:WAVD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 16,000 shares of the company’s stock, valued at approximately $27,000. Trueblood Wealth Management LLC owned approximately 0.80% of WaveDancer as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 4.96% of the company’s stock.

WaveDancer Stock Performance

WAVD traded down $0.06 on Thursday, hitting $1.86. 3,839 shares of the company were exchanged, compared to its average volume of 158,793. WaveDancer has a 12 month low of $1.10 and a 12 month high of $9.00. The stock’s fifty day moving average is $2.57 and its 200-day moving average is $2.21.

About WaveDancer

WaveDancer, Inc engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. It also offers secure supply chain management software solution; consulting, development, training, and migration; and software development, system modernizations, cloud-based solutions, and cybersecurity services.