Wearable Devices Ltd (NASDAQ:WLDS) Share Price Rebounds 36.64% From The Lows – But Can It Keep Going?

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In recent trading session, Wearable Devices Ltd (NASDAQ:WLDS) saw 0.51 million shares changing hands at last check today with its beta currently measuring 2.04. Company’s recent per share price level of $1.31 trading at $0.42 or 46.60% at last check today assigns it a market valuation of $3.37M. That most recent trading price of WLDS’s stock is at a discount of -1121.37% from its 52-week high price of $16.00 and is indicating a premium of 36.64% from its 52-week low price of $0.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 798.10K if we extend that period to 3-months.

Wearable Devices Ltd (NASDAQ:WLDS) trade information

Upright in the green today for gaining 46.60%, in the last five days WLDS remained trading in the green while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $1.31 price level, subtracting -0.77% to its value on the day. Wearable Devices Ltd’s shares saw a change of -39.91% in year-to-date performance and have moved 3.97% in past 5-day. Wearable Devices Ltd (NASDAQ:WLDS) showed a performance of -28.80% in past 30-days. Number of shares sold short was 0.12 million shares which calculate 0.22 days to cover the short interests.

Wearable Devices Ltd (NASDAQ:WLDS)’s Major holders

CITADEL ADVISORS LLC is the top institutional holder at WLDS for having 0.18 million shares of worth $0.1 million. And as of 2024-06-30, it was holding 1.1115 of the company’s outstanding shares.

The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 83447.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.5151 of outstanding shares, having a total worth of $48091.0.