WISeKey International Holding AG (NASDAQ:WKEY) Short Interest Down 49.6% in February

WISeKey International Holding AG (NASDAQ:WKEY) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 166,900 shares, a decline of 49.6% from the February 13th total of 330,900 shares. Based on an average daily volume of 3,310,000 shares, the short-interest ratio is currently 0.1 days. Approximately 3.1% of the company’s stock are sold short.

WISeKey International Trading Up 4.1 %

Shares of WKEY stock opened at $4.87 on Friday. WISeKey International has a 12 month low of $1.61 and a 12 month 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 firm has a fifty day moving average price of $6.54 and a 200 day moving average price of $4.49.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new stake in shares of WISeKey International during the 4th quarter worth about $97,000. Finer Wealth Management Inc. acquired a new stake in WISeKey International during the fourth quarter worth approximately $448,000. Finally, Bank of Montreal Can purchased a new stake in shares of WISeKey International during the 4th quarter worth approximately $1,037,000. 0.33% of the stock is owned by institutional investors and hedge funds.

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.