WISeKey International (NASDAQ:WKEY) Stock Price Up 1.9%

WISeKey International Holding AG (NASDAQ:WKEY)’s share price rose 1.9% on Thursday . The stock traded as high as $2.25 and last traded at $2.18. Approximately 10,583 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 109,992 shares. The stock had previously closed at $2.14.

WISeKey International Trading Up 1.9 %

The stock’s 50-day moving average is $2.45 and its 200 day moving average is $2.04.

Institutional Trading of WISeKey International

Hedge funds have recently modified their holdings of the company. Virtu Financial LLC bought a new position in WISeKey International in the 4th quarter valued at $31,000. Susquehanna International Group LLP raised its position in shares of WISeKey International by 174.2% during the fourth quarter. Susquehanna International Group LLP now owns 32,327 shares of the company’s stock worth $58,000 after acquiring an additional 20,539 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of WISeKey International by 9.1% during the second quarter. Renaissance Technologies LLC now owns 50,750 shares of the company’s stock worth $126,000 after acquiring an additional 4,250 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of WISeKey International during the first quarter worth $61,000. Institutional investors and hedge funds own 0.33% of the company’s stock.

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.