Short Interest in WISeKey International Holding AG (NASDAQ:WKEY) Increases By 66.9%

WISeKey International Holding AG (NASDAQ:WKEY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 24,700 shares, a growth of 66.9% from the October 31st total of 14,800 shares. Based on an average trading volume of 36,400 shares, the days-to-cover ratio is currently 0.7 days.

WISeKey International Trading Down 1.9 %

WKEY stock opened at $2.07 on Friday. WISeKey International has a one year low of $1.55 and a one year high of $3.44. 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 company’s fifty day moving average price is $2.08 and its 200-day moving average price is $2.12.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 price target on shares of WISeKey International in a research 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.