Comment by zdragnar
A shape charge would be pointless because you can't guarantee how the device is worn- one news article mentioned most people carry them in their pockets, so a shape charge would be blowing most of the energy away from the target in 50% of the cases.
A shaped charge need not be unidirectional. It could be focuses along an axis, resulting in a two-way explosion that would be more damaging than a symmetrical one. Two copper disks on either side of the charge would constitute a functional two-way shaped charged.