WISeKey International Holding AG (NASDAQ:WKEY) Short Interest Up 192.6% in August

WISeKey International Holding AG (NASDAQ:WKEY) was the target of a large growth in short interest in August. As of August 15th, there was short interest totalling 131,100 shares, a growth of 192.6% from the July 31st total of 44,800 shares. Based on an average daily volume of 56,800 shares, the days-to-cover ratio is currently 2.3 days.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $4.00 price target on shares of WISeKey International in a research note on Wednesday, May 22nd.

WISeKey International Price Performance

Shares of WISeKey International stock opened at $2.25 on Wednesday. WISeKey International has a 1 year low of $1.35 and a 1 year 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 company’s fifty day moving average is $2.17 and its two-hundred day moving average is $2.23.

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.