Winland Electronics Inc. (OTCMKTS:WELX) Short Interest Down 49.9% in May

Winland Electronics Inc. (OTCMKTS:WELX) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,450 shares, a decline of 49.9% from the May 14th total of 2,895 shares. Based on an average daily trading volume, of 11,067 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Winland Electronics Stock Performance

Shares of OTCMKTS WELX opened at $2.25 on Monday. Winland Electronics has a twelve month low of $1.79 and a twelve month high of $4.85. The stock has a 50 day moving average of $2.28 and a two-hundred day moving average of $2.78. The stock has a market cap of $11.43 million, a P/E ratio of 4.50 and a beta of 1.28.

Winland Electronics (OTCMKTS:WELX) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.29) EPS for the quarter. The firm 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.