Short Interest in Wearable Devices Ltd. (NASDAQ:WLDSW) Declines By 81.3%

Wearable Devices Ltd. (NASDAQ:WLDSW) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 53 shares, a decline of 81.3% from the April 15th total of 283 shares. Based on an average daily volume of 78 shares, the days-to-cover ratio is presently 0.7 days.

Wearable Devices Trading Down 1.8%

WLDSW traded down $0.05 during trading on Wednesday, reaching $2.60. 400 shares of the company traded hands, compared to its average volume of 383. The firm has a fifty day simple moving average of $3.05 and a 200 day simple moving average of $4.57. Wearable Devices has a 12-month low of $2.16 and a 12-month high of $17.97.

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.