WISeKey International Holding AG (NASDAQ:WKEY) Sees Large Decrease in Short Interest

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

WISeKey International Stock Down 12.2 %

NASDAQ WKEY opened at $3.95 on Monday. The company has a current ratio of 1.96, a quick ratio of 1.81 and a debt-to-equity ratio of 0.62. WISeKey International has a 12 month low of $1.61 and a 12 month high of $14.00. The company’s fifty day moving average price is $5.86 and its two-hundred day moving average price is $4.69.

Hedge Funds Weigh In On WISeKey International

Several large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. bought a new stake in WISeKey International in the fourth quarter valued at about $97,000. Bank of Montreal Can acquired a new position in shares of WISeKey International in the 4th quarter worth approximately $1,037,000. Finally, Finer Wealth Management Inc. bought a new stake in shares of WISeKey International in the 4th quarter valued at approximately $448,000. 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.