Short Interest in Winland Electronics Inc. (OTCMKTS:WELX) Increases By ∞

Winland Electronics Inc. (OTCMKTS:WELX) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,895 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 18,282 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Winland Electronics Stock Performance

Shares of Winland Electronics stock opened at $2.65 on Monday. The business has a 50-day moving average price of $2.24 and a two-hundred day moving average price of $2.85. Winland Electronics has a 1-year low of $1.79 and a 1-year high of $4.85. The company has a market cap of $13.46 million, a P/E ratio of 5.30 and a beta of 1.28.

Winland Electronics (OTCMKTS:WELX) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.29) earnings per share for the quarter. The business had revenue of $1.16 million during 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.