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

Wearable Devices Ltd. (NASDAQ:WLDSW) was the recipient of a large decline in short interest in 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 trading volume of 78 shares, the short-interest ratio is currently 0.7 days.

Wearable Devices Price Performance

Wearable Devices stock opened at $2.65 on Tuesday. The stock’s 50 day moving average price is $3.05 and its 200 day moving average price is $4.60. Wearable Devices has a one year low of $2.16 and a one year high of $17.97.

About Wearable Devices

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.