WISeKey International Holding AG (NASDAQ:WKEY) Sees Large Drop in Short Interest

WISeKey International Holding AG (NASDAQ:WKEY) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 35,400 shares, a decline of 13.9% from the August 31st total of 41,100 shares. Based on an average daily volume of 59,300 shares, the days-to-cover ratio is presently 0.6 days.

WISeKey International Price Performance

Shares of WKEY opened at $2.20 on Friday. WISeKey International has a 52-week low of $1.35 and a 52-week high of $3.44. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.59 and a quick ratio of 1.31. The business’s 50 day moving average price is $2.17 and its two-hundred day moving average price is $2.17.

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.