Short Interest in Wearable Devices Ltd. (NASDAQ:WLDSW) Expands By 12,221.8%

Wearable Devices Ltd. (NASDAQ:WLDSW) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 6,777 shares, a growth of 12,221.8% from the May 31st total of 55 shares. Based on an average trading volume of 3,074 shares, the days-to-cover ratio is currently 2.2 days.

Wearable Devices Trading Down 19.2%

Shares of WLDSW traded down $3.57 during mid-day trading on Thursday, reaching $15.00. 1,248 shares of the stock traded hands, compared to its average volume of 846. The stock has a fifty day simple moving average of $13.60 and a 200 day simple moving average of $12.48. Wearable Devices has a 12-month low of $5.70 and a 12-month high of $53.91.

Wearable Devices Company Profile

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.