Short Interest in WISeKey International Holding AG (NASDAQ:WKEY) Decreases By 31.9%

WISeKey International Holding AG (NASDAQ:WKEY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 254,100 shares, a decline of 31.9% from the December 15th total of 373,300 shares. Based on an average trading volume of 2,970,000 shares, the days-to-cover ratio is currently 0.1 days.

WISeKey International Stock Up 4.1 %

NASDAQ WKEY opened at $7.87 on Thursday. WISeKey International has a 1-year low of $1.61 and a 1-year high of $14.00. The company has a current ratio of 1.96, a quick ratio of 1.81 and a debt-to-equity ratio of 0.62. The company has a 50 day moving average of $5.32 and a 200-day moving average of $3.28.

Wall Street Analyst Weigh In

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

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.