WiSA Technologies, Inc. (NASDAQ:WISA) Short Interest Update

WiSA Technologies, Inc. (NASDAQ:WISA) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,940,000 shares, a growth of 673.8% from the February 29th total of 767,600 shares. Based on an average daily volume of 17,790,000 shares, the short-interest ratio is currently 0.3 days.

WiSA Technologies Stock Performance

WISA opened at $0.02 on Friday. The firm’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.19. WiSA Technologies has a twelve month low of $0.02 and a twelve month high of $2.68.

Institutional Trading of WiSA Technologies

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE bought a new stake in WiSA Technologies during the 1st quarter worth approximately $25,000. Anson Funds Management LP acquired a new position in shares of WiSA Technologies in the first quarter valued at approximately $118,000. Finally, Sabby Management LLC acquired a new position in shares of WiSA Technologies in the first quarter valued at approximately $181,000. Institutional investors and hedge funds own 0.66% of the company’s stock.

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.