KWESST Micro Systems Inc. (NASDAQ:KWE) Short Interest Update

KWESST Micro Systems Inc. (NASDAQ:KWE) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 395,000 shares, a growth of 6,953.6% from the December 31st total of 5,600 shares. Based on an average trading volume of 2,570,000 shares, the short-interest ratio is presently 0.2 days. Currently, 24.2% of the company’s shares are short sold.

KWESST Micro Systems Stock Performance

NASDAQ KWE traded up $0.00 during trading on Tuesday, hitting $0.55. The stock had a trading volume of 62,197 shares, compared to its average volume of 1,654,126. KWESST Micro Systems has a one year low of $0.51 and a one year high of $14.90. The stock has a 50 day simple moving average of $0.68 and a 200 day simple moving average of $1.40. The stock has a market capitalization of $1.67 million, a price-to-earnings ratio of -0.07 and a beta of 1.44.

About KWESST Micro Systems

KWESST Micro Systems Inc engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. It provides non-lethal products, including PARA OPS devices and ARWEN products. The company was incorporated in 2017 and is headquartered in Ottawa, Canada.