SEALSQ Corp (NASDAQ:LAES) Short Interest Update

SEALSQ Corp (NASDAQ:LAES) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 653,600 shares, a drop of 25.3% from the March 31st total of 874,900 shares. Based on an average daily trading volume, of 2,120,000 shares, the short-interest ratio is currently 0.3 days. Currently, 4.4% of the shares of the stock are sold short.

SEALSQ Trading Up 5.1 %

Shares of NASDAQ:LAES opened at $1.23 on Friday. SEALSQ has a 1 year low of $0.91 and a 1 year high of $28.50. The company has a current ratio of 2.33, a quick ratio of 1.72 and a debt-to-equity ratio of 2.56. The business’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.58.

SEALSQ Company Profile

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.