WISeKey International Holding AG (NASDAQ:WKEY) Short Interest Up 66.9% in November

WISeKey International Holding AG (NASDAQ:WKEY) was the target of a significant growth in short interest during 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 presently 0.7 days.

WISeKey International Stock Performance

Shares of WKEY opened at $2.10 on Friday. The firm’s fifty day moving average is $2.08 and its two-hundred day moving average is $2.13. The company has a quick ratio of 1.81, a current ratio of 1.96 and a debt-to-equity ratio of 0.62. WISeKey International has a 52-week low of $1.55 and a 52-week high of $3.44.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $4.00 target price 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.