WithSecure Oyj (OTCMKTS:FSOYF – Get Rating) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 42,700 shares, a decrease of 35.8% from the April 15th total of 66,500 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 106.8 days.
OTCMKTS:FSOYF opened at 5.78 on Friday. The firm’s 50-day moving average is 5.32. WithSecure Oyj has a 52-week low of 3.68 and a 52-week high of 6.42.
Separately, Nordea Equity Research upgraded WithSecure Oyj from a “hold” rating to a “buy” rating in a research report on Friday, February 18th.
WithSecure Oyj provides cyber security products and services in Nordic countries, rest of Europe, North America, and internationally. It provides phishd, an anti-phishing behavior management platform; F-Secure Business Suite, an on-site deployed endpoint security; F-Secure Cloud Protection for Salesforce, a content level security for Salesforce's customers; and F-Secure Countercept, a threat hunting and continuous response capabilities against targeted attacks delivered as a managed service.
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