Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Down 18.8% in August

Alphawave IP Group plc (OTCMKTS:AWEVF) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 101,800 shares, a drop of 18.8% from the August 15th total of 125,300 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 15.2 days.

Alphawave IP Group Price Performance

AWEVF stock remained flat at $1.73 during trading on Tuesday. The company had a trading volume of 14,500 shares, compared to its average volume of 25,499. Alphawave IP Group has a 1 year low of $1.12 and a 1 year high of $2.62. The company has a fifty day simple moving average of $1.86 and a 200-day simple moving average of $1.88.

Alphawave IP Group Company Profile

Alphawave IP Group plc designs, develops, and sells connectivity solutions. The company offers connectivity, integrated products, and chiplet IP products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, and solid-state storage end markets in North America, the Asia Pacific, Europe, and the United Kingdom.