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

WISeKey International Holding AG (NASDAQ:WKEY - Get Free Report) was the target of a significant decline in short interest during 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 daily volume of 2,970,000 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

WISeKey International Trading Down 5.1 %

NASDAQ WKEY traded down $0.40 during trading on Thursday, hitting $7.47. The company's stock had a trading volume of 557,434 shares, compared to its average volume of 1,868,792. WISeKey International has a fifty-two week low of $1.61 and a fifty-two week high of $14.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.96 and a quick ratio of 1.81. The business's 50 day simple moving average is $5.44 and its 200-day simple moving average is $3.31.

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.