Short Interest in WiSA Technologies, Inc. (NASDAQ:WISA) Drops By 95.3%

WiSA Technologies, Inc. (NASDAQ:WISA) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 195,300 shares, a decline of 95.3% from the March 31st total of 4,140,000 shares. Currently, 10.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,450,000 shares, the days-to-cover ratio is presently 0.0 days.

WiSA Technologies Price Performance

Shares of NASDAQ:WISA opened at $5.30 on Friday. WiSA Technologies has a 12 month low of $1.66 and a 12 month high of $402.00. The company’s 50-day moving average price is $4.81 and its two-hundred day moving average price is $15.28.

About WiSA Technologies

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.