WiSA Technologies, Inc. (NASDAQ:WISA – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 450,000 shares, an increase of 33.4% from the May 31st total of 337,400 shares. Based on an average daily trading volume, of 7,180,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 10.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in WiSA Technologies stock. Anson Funds Management LP purchased a new position in WiSA Technologies, Inc. (NASDAQ:WISA – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,323,458 shares of the company’s stock, valued at approximately $448,000. Anson Funds Management LP owned approximately 1,211.56% of WiSA Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.66% of the company’s stock.
WiSA Technologies Stock Performance
NASDAQ:WISA opened at $2.57 on Friday. The company’s 50-day simple moving average is $3.21 and its 200-day simple moving average is $7.78. WiSA Technologies has a fifty-two week low of $1.66 and a fifty-two week high of $235.49.
WiSA Technologies Company Profile
WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.
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