Short Interest in WISeKey International Holding AG (NASDAQ:WKEY) Drops By 26.0%

WISeKey International Holding AG (NASDAQ:WKEY) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 26,200 shares, a decrease of 26.0% from the September 15th total of 35,400 shares. Based on an average trading volume of 62,800 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of WISeKey International in a research report on Thursday, October 3rd.

WISeKey International Stock Down 5.4 %

NASDAQ:WKEY opened at $2.11 on Monday. 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 business has a fifty day simple moving average of $2.21 and a two-hundred day simple moving average of $2.16. WISeKey International has a 1 year low of $1.35 and a 1 year high of $3.44.

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.