WISeKey International Holding AG (NASDAQ:WKEY) Short Interest Update

WISeKey International Holding AG (NASDAQ:WKEY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 125,800 shares, a decline of 24.6% from the February 28th total of 166,900 shares. Approximately 2.3% of the shares of the stock are sold short. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 0.1 days.

WISeKey International Price Performance

WKEY opened at $3.93 on Tuesday. WISeKey International has a 1-year low of $1.61 and a 1-year high of $14.00. The company has a 50 day simple moving average of $5.79 and a two-hundred day simple moving average of $4.70. The company has a current ratio of 1.96, a quick ratio of 1.81 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On WISeKey International

A number of institutional investors have recently bought and sold shares of WKEY. Bank of Montreal Can purchased a new position in shares of WISeKey International in the fourth quarter valued at about $1,037,000. Finer Wealth Management Inc. purchased a new position in WISeKey International in the 4th quarter worth approximately $448,000. Finally, SBI Securities Co. Ltd. purchased a new position in WISeKey International in the 4th quarter worth approximately $97,000. Hedge funds and other institutional investors own 0.33% of the company’s stock.

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.