Winland Electronics Inc. (OTCMKTS:WELX) Short Interest Up 1,200.0% in August

Winland Electronics Inc. (OTCMKTS:WELX) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,300 shares, a growth of 1,200.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.4 days.

Winland Electronics Stock Performance

OTCMKTS:WELX opened at $4.59 on Friday. The company has a 50-day moving average of $4.71 and a 200-day moving average of $4.53. Winland Electronics has a 52 week low of $3.46 and a 52 week high of $5.85. The company has a market capitalization of $22.96 million, a price-to-earnings ratio of 3.76 and a beta of 1.25.

Winland Electronics (OTCMKTS:WELX) last posted its quarterly earnings results on Thursday, July 31st. The technology company reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $1.29 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.