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

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

Hedge Funds Weigh In On WISeKey International

Several hedge funds have recently added to or reduced their stakes in the stock. Finer Wealth Management Inc. purchased a new position in WISeKey International in the fourth quarter valued at approximately $448,000. Bank of Montreal Can purchased a new position in WISeKey International in the fourth quarter valued at approximately $1,037,000. Finally, SBI Securities Co. Ltd. purchased a new position in WISeKey International in the fourth quarter valued at approximately $97,000. 0.33% of the stock is currently owned by hedge funds and other institutional investors.

WISeKey International Stock Up 4.1 %

WKEY stock opened at $4.87 on Friday. The company’s 50 day moving average price is $6.54 and its 200 day moving average price is $4.51. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.81 and a current ratio of 1.96. WISeKey International has a fifty-two week low of $1.61 and a fifty-two week high of $14.00.

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.