Short Interest in Winland Electronics Inc. (OTCMKTS:WELX) Grows By 303.0%

Winland Electronics Inc. (OTCMKTS:WELX) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 2,015 shares, a growth of 303.0% from the August 15th total of 500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 0.4 days.

Winland Electronics Price Performance

Shares of Winland Electronics stock traded up $0.12 on Friday, hitting $2.77. 8,298 shares of the company’s stock traded hands, compared to its average volume of 3,132. The firm’s 50-day moving average price is $2.36 and its two-hundred day moving average price is $2.34. The stock has a market capitalization of $14.08 million, a PE ratio of -5.54 and a beta of 1.27. Winland Electronics has a one year low of $1.79 and a one year high of $4.58.

Winland Electronics (OTCMKTS:WELX) last posted its quarterly earnings results on Friday, July 31st. The technology company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $1.64 million during the quarter.

About Winland Electronics

Winland Holdings Corporation, through its subsidiaries, provides critical condition monitoring devices to the security industry. Its products are used to protect against loss of assets due to damage from water, excess humidity, extremes of temperature, and loss of power. The company offers EnviroAlert, which monitors temperature, humidity, and/or water presence in critical environments; TempAlert, a temperature monitoring device for residential and commercial environments through security systems; WaterBug, a water presence and leak detection system; and Power-Out Alert, a power outage detector.