Short Interest in WithSecure Oyj (OTCMKTS:FSOYF) Drops By 28.7%

WithSecure Oyj (OTCMKTS:FSOYF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 28,800 shares, a drop of 28.7% from the August 15th total of 40,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 288.0 days.

Analysts Set New Price Targets

Separately, Danske raised shares of WithSecure Oyj from a “hold” rating to a “buy” rating in a report on Wednesday, August 30th.

WithSecure Oyj Price Performance

Shares of FSOYF opened at C$1.55 on Friday. WithSecure Oyj has a 12-month low of C$1.55 and a 12-month high of C$1.55. The business’s 50 day moving average is C$1.55 and its 200 day moving average is C$1.50.

WithSecure Oyj Company Profile

WithSecure Oyj operates in corporate security business worldwide. Its software and services include WithSecure Elements, a cloud based security platform to reduce risk, complexity, and inefficiency; WithSecure Elements Endpoint Protection, a cloud-native AI-powered endpoint protection solution; WithSecure Business Suite for organization's security challenges; WithSecure Elements Endpoint Detection and Response; WithSecure Elements Vulnerability Management, a cloud-based vulnerability scanner that covers network, assets, deep web, and compliance; and WithSecure Elements Collaboration Protection; and WithSecure Cloud Protection for Salesforce.