Short Interest in Alphawave IP Group plc (OTCMKTS:AWEVF) Drops By 97.4%

Alphawave IP Group plc (OTCMKTS:AWEVF) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,000 shares, a decline of 97.4% from the December 15th total of 39,060 shares. Based on an average trading volume of 4,243 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 4,243 shares, the short-interest ratio is presently 0.2 days.

Alphawave IP Group Stock Performance

Shares of AWEVF stock remained flat at $1.25 during trading on Monday. Alphawave IP Group has a 12 month low of $1.08 and a 12 month high of $3.19. The company has a 50-day moving average price of $2.27 and a 200-day moving average price of $2.35.

About Alphawave IP Group

Alphawave IP Group is a global semiconductor intellectual property (IP) provider specializing in high-speed connectivity solutions for the data center, cloud computing, artificial intelligence and telecommunications markets. The company develops and licenses digital and mixed-signal IP cores, including serial transceivers (SerDes), memory interfaces and high-performance physical layer solutions, enabling chipmakers to integrate advanced connectivity features into custom and standard semiconductor designs.

The company’s product portfolio encompasses multi-protocol SerDes IP supporting data rates from 3.2 Gbps to over 112 Gbps per lane, as well as DSP-enhanced physical layer IP that addresses signal integrity challenges across various process nodes.