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

WISeKey International Holding AG (NASDAQ:WKEY) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 62,400 shares, an increase of 152.6% from the November 15th total of 24,700 shares. Based on an average daily trading volume, of 41,000 shares, the days-to-cover ratio is currently 1.5 days.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of WISeKey International in a research report on Thursday, October 3rd.

WISeKey International Stock Performance

Shares of NASDAQ WKEY opened at $3.28 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.81 and a current ratio of 1.96. WISeKey International has a 1 year low of $1.55 and a 1 year high of $3.89. The firm’s 50 day moving average price is $2.09 and its 200 day moving average price is $2.15.

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.