Wearable Devices Ltd. (NASDAQ:WLDSW) Short Interest Down 66.4% in June

Wearable Devices Ltd. (NASDAQ:WLDSW) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,278 shares, a decrease of 66.4% from the June 15th total of 6,777 shares. Based on an average daily trading volume, of 1,230 shares, the days-to-cover ratio is currently 1.9 days.

Wearable Devices Stock Performance

Shares of Wearable Devices stock traded down $10.35 on Wednesday, reaching $0.01. The business has a 50-day moving average price of $14.49. Wearable Devices has a 1 year low of $5.70 and a 1 year high of $53.91.

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.