Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Up 131.8% in December

Alphawave IP Group plc (OTCMKTS:AWEVF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 322,600 shares, an increase of 131.8% from the November 30th total of 139,200 shares. Based on an average daily volume of 59,700 shares, the days-to-cover ratio is presently 5.4 days.

Alphawave IP Group Trading Up 2.7 %

AWEVF stock traded up $0.03 during trading on Friday, hitting $1.15. 49,440 shares of the stock traded hands, compared to its average volume of 32,846. Alphawave IP Group has a one year low of $1.02 and a one year high of $2.62. The company has a 50 day simple moving average of $1.48 and a 200 day simple moving average of $1.66.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.