WaveDancer, Inc. (NASDAQ:WAVD) Short Interest Update

WaveDancer, Inc. (NASDAQ:WAVD) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 25,200 shares, a decrease of 65.9% from the March 31st total of 74,000 shares. Based on an average daily volume of 192,000 shares, the short-interest ratio is currently 0.1 days. Currently, 1.5% of the shares of the stock are short sold.

WaveDancer Price Performance

WAVD opened at $2.18 on Friday. WaveDancer has a 52 week low of $1.10 and a 52 week high of $9.00. The firm has a 50-day simple moving average of $2.56 and a two-hundred day simple moving average of $2.21.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WaveDancer stock. Trueblood Wealth Management LLC purchased a new stake in WaveDancer, Inc. (NASDAQ:WAVD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 16,000 shares of the company’s stock, valued at approximately $27,000. Trueblood Wealth Management LLC owned about 0.80% of WaveDancer at the end of the most recent quarter. 4.96% of the stock is currently owned by institutional investors and hedge funds.

WaveDancer Company Profile

WaveDancer, Inc engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. It also offers secure supply chain management software solution; consulting, development, training, and migration; and software development, system modernizations, cloud-based solutions, and cybersecurity services.