WISeKey International Holding AG (NASDAQ:WKEY – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 166,900 shares, a decline of 49.6% from the February 13th total of 330,900 shares. Based on an average trading volume of 3,310,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 3.1% of the shares of the company are short sold.
WISeKey International Stock Up 4.1 %
Shares of WISeKey International stock opened at $4.87 on Friday. The firm’s fifty day simple moving average is $6.54 and its 200-day simple moving average is $4.51. WISeKey International has a 12 month low of $1.61 and a 12 month high of $14.00. The company has a quick ratio of 1.81, a current ratio of 1.96 and a debt-to-equity ratio of 0.62.
Hedge Funds Weigh In On WISeKey International
Institutional investors have recently modified their holdings of the business. Bank of Montreal Can purchased a new position in WISeKey International in the 4th quarter valued at $1,037,000. Finer Wealth Management Inc. purchased a new position in WISeKey International in the 4th quarter valued at $448,000. Finally, SBI Securities Co. Ltd. purchased a new position in WISeKey International in the 4th quarter valued at $97,000. 0.33% of the stock is owned by institutional investors and hedge funds.
About WISeKey International
WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates in two segments, IoT and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.
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