Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Update

Alphawave IP Group plc (OTCMKTS:AWEVF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 162,400 shares, a drop of 49.7% from the December 31st total of 322,600 shares. Based on an average trading volume of 306,200 shares, the days-to-cover ratio is presently 0.5 days.

Alphawave IP Group Trading Up 2.4 %

OTCMKTS AWEVF traded up $0.04 during trading on Thursday, reaching $1.70. 63,888 shares of the company’s stock were exchanged, compared to its average volume of 193,966. Alphawave IP Group has a fifty-two week low of $1.02 and a fifty-two week high of $2.62. The company’s fifty day simple moving average is $1.48 and its 200-day simple moving average is $1.59.

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.