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

WISeKey International Holding AG (NASDAQ:WKEY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 125,800 shares, a drop 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. Currently, 2.3% of the shares of the company are sold short.

WISeKey International Stock Down 12.2 %

Shares of WKEY stock opened at $3.95 on Monday. The business has a 50 day moving average of $5.86 and a two-hundred day moving average of $4.69. WISeKey International has a 52 week low of $1.61 and a 52 week high of $14.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.81 and a current ratio of 1.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new stake in WISeKey International in the fourth quarter worth $97,000. Finer Wealth Management Inc. bought a new position in shares of WISeKey International during the fourth quarter worth about $448,000. Finally, Bank of Montreal Can bought a new position in shares of WISeKey International during the fourth quarter worth about $1,037,000. Institutional investors and hedge funds own 0.33% of the company’s stock.

WISeKey International Company Profile

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.