Alphawave IP Group plc (OTCMKTS:AWEVF) Short Interest Up 131.8% in December

Alphawave IP Group plc (OTCMKTS:AWEVF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 322,600 shares, a growth of 131.8% from the November 30th total of 139,200 shares. Based on an average daily volume of 59,700 shares, the short-interest ratio is currently 5.4 days.

Alphawave IP Group Trading Up 2.7 %

OTCMKTS AWEVF traded up $0.03 on Friday, reaching $1.15. The company had a trading volume of 49,440 shares, compared to its average volume of 32,846. Alphawave IP Group has a 52 week low of $1.02 and a 52 week high of $2.62. The stock’s 50 day moving average is $1.48 and its 200-day moving average is $1.66.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets.