Short Interest in WISeKey International Holding AG (NASDAQ:WKEY) Increases By 498.2%

WISeKey International Holding AG (NASDAQ:WKEY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 373,300 shares, a growth of 498.2% from the November 30th total of 62,400 shares. Based on an average daily volume of 2,620,000 shares, the short-interest ratio is presently 0.1 days.

WISeKey International Trading Down 13.0 %

Shares of WKEY stock opened at $11.31 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. The company has a 50 day moving average of $3.67 and a 200-day moving average of $2.70. WISeKey International has a 12-month low of $1.61 and a 12-month high of $14.00.

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 report on Thursday, October 3rd.

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.