Wearable Devices Ltd. (NASDAQ:WLDS - Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 45,400 shares, a decline of 73.2% from the September 15th total of 169,500 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 721,500 shares, the days-to-cover ratio is presently 0.1 days.
Shares of NASDAQ:WLDS traded down $0.53 during midday trading on Thursday, reaching $4.05. 122,571 shares of the company traded hands, compared to its average volume of 49,921. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34. Wearable Devices has a 12 month low of $3.90 and a 12 month high of $22.58. The firm's fifty day moving average price is $0.33 and its two-hundred day moving average price is $0.40.
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 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; and SNC sensor module, an operating system (OS) software package and algorithm package to customers.
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