SEALSQ Corp (NASDAQ:LAES) Short Interest Update

SEALSQ Corp (NASDAQ:LAES) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 12,270,000 shares, a growth of 19.4% from the January 15th total of 10,280,000 shares. Based on an average daily trading volume, of 45,840,000 shares, the short-interest ratio is presently 0.3 days. Approximately 46.8% of the company’s stock are short sold.

SEALSQ Stock Performance

Shares of NASDAQ:LAES traded down $0.33 on Friday, reaching $3.31. The company had a trading volume of 11,624,291 shares, compared to its average volume of 39,329,840. SEALSQ has a twelve month low of $0.29 and a twelve month high of $11.00. The stock has a 50-day moving average price of $4.29 and a 200 day moving average price of $1.79. The company has a debt-to-equity ratio of 3.55, a current ratio of 3.58 and a quick ratio of 3.20.

Institutional Trading of SEALSQ

A number of institutional investors and hedge funds have recently made changes to their positions in LAES. Geode Capital Management LLC bought a new position in shares of SEALSQ in the fourth quarter worth about $79,000. Private Advisor Group LLC bought a new position in SEALSQ during the fourth quarter valued at about $84,000. HUB Investment Partners LLC bought a new position in SEALSQ during the fourth quarter valued at about $115,000. Bravias Capital Group LLC bought a new position in SEALSQ during the fourth quarter valued at about $141,000. Finally, Finer Wealth Management Inc. bought a new position in SEALSQ during the fourth quarter valued at about $615,000. Institutional investors and hedge funds own 1.25% of the company’s stock.

About SEALSQ

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.