Traders Purchase Large Volume of SEALSQ Call Options (NASDAQ:LAES)

SEALSQ Corp (NASDAQ:LAES) saw unusually large options trading activity on Wednesday. Stock investors acquired 10,077 call options on the stock. This is an increase of approximately 54% compared to the average daily volume of 6,556 call options.

SEALSQ Stock Performance

NASDAQ:LAES traded up $0.30 on Wednesday, reaching $4.23. 18,736,914 shares of the company’s stock traded hands, compared to its average volume of 15,952,778. The company has a debt-to-equity ratio of 3.55, a current ratio of 3.58 and a quick ratio of 3.20. The stock has a 50-day simple moving average of $2.82 and a 200-day simple moving average of $3.22. SEALSQ has a 12 month low of $0.29 and a 12 month high of $11.00.

Institutional Investors Weigh In On SEALSQ

A number of institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in SEALSQ during the first quarter valued at $1,365,000. Rafferty Asset Management LLC purchased a new position in shares of SEALSQ during the first quarter valued at about $530,000. Virtu Financial LLC purchased a new position in shares of SEALSQ during the first quarter valued at about $359,000. LaSalle St. Investment Advisors LLC bought a new stake in shares of SEALSQ in the first quarter worth about $39,000. Finally, SBI Securities Co. Ltd. lifted its position in shares of SEALSQ by 25.8% in the first quarter. SBI Securities Co. Ltd. now owns 144,561 shares of the company’s stock worth $376,000 after buying an additional 29,625 shares in the last quarter. 1.25% of the stock is owned by hedge funds and other institutional investors.

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.