Winland Electronics Inc. (OTCMKTS:WELX) Sees Large Growth in Short Interest

Winland Electronics Inc. (OTCMKTS:WELX) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,015 shares, a growth of 303.0% from the August 15th total of 500 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Winland Electronics Stock Performance

Shares of WELX opened at $2.77 on Friday. The stock has a market cap of $14.07 million, a PE ratio of -5.54 and a beta of 1.27. Winland Electronics has a fifty-two week low of $1.79 and a fifty-two week high of $4.58. The firm’s 50-day simple moving average is $2.36 and its two-hundred day simple moving average is $2.34.

Winland Electronics (OTCMKTS:WELX) last released its earnings results on Friday, July 31st. The technology company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $1.64 million for the quarter.

About Winland Electronics

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.