KWESST Micro Systems Inc. (NASDAQ:KWE) Short Interest Update

KWESST Micro Systems Inc. (NASDAQ:KWE) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 245,400 shares, a decrease of 60.9% from the February 28th total of 627,900 shares. Based on an average daily trading volume, of 5,900,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.5% of the shares of the company are short sold.

KWESST Micro Systems Stock Down 1.4 %

Shares of NASDAQ KWE opened at $0.31 on Thursday. KWESST Micro Systems has a 12 month low of $0.29 and a 12 month high of $13.60. The business’s 50 day moving average is $0.47 and its two-hundred day moving average is $0.83.

KWESST Micro Systems (NASDAQ:KWE) last announced its quarterly earnings data on Friday, February 14th. The company reported ($0.81) EPS for the quarter. The firm had revenue of $0.63 million during the quarter. KWESST Micro Systems had a negative return on equity of 412.57% and a negative net margin of 464.74%.

Hedge Funds Weigh In On KWESST Micro Systems

A hedge fund recently bought a new stake in KWESST Micro Systems stock. Virtu Financial LLC acquired a new position in KWESST Micro Systems Inc. (NASDAQ:KWE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 70,744 shares of the company’s stock, valued at approximately $50,000. Virtu Financial LLC owned 2.35% of KWESST Micro Systems as of its most recent SEC filing. Hedge funds and other institutional investors own 21.39% of the company’s stock.

KWESST Micro Systems Company Profile

KWESST Micro Systems Inc engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. It provides non-lethal products, including PARA OPS devices and ARWEN products. The company was incorporated in 2017 and is headquartered in Ottawa, Canada.