Short Interest in WidePoint Corporation (NYSEAMERICAN:WYY) Rises By 69.5%

Posted by Geri Gentry on Jul 2nd, 2026

WidePoint Corporation (NYSEAMERICAN:WYY – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 289,753 shares, an increase of 69.5% from the May 31st total of 170,975 shares. Based on an average daily trading volume, of 139,596 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.5% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several research firms have recently commented on WYY. Zacks Research raised shares of WidePoint from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. HC Wainwright reaffirmed a “buy” rating and set a $9.00 price objective on shares of WidePoint in a report on Monday, March 30th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $8.67.

Get Our Latest Analysis on WidePoint

WidePoint Trading Down 3.4%

WidePoint stock traded down $0.56 during trading hours on Thursday, reaching $15.74. 266,759 shares of the company’s stock traded hands, compared to its average volume of 156,499. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.04. WidePoint has a fifty-two week low of $2.80 and a fifty-two week high of $24.30. The firm has a market capitalization of $155.72 million, a price-to-earnings ratio of -80.64 and a beta of 1.70. The firm’s 50 day moving average is $10.80 and its 200-day moving average is $7.37.

WidePoint (NYSEAMERICAN:WYY – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The technology company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.12) by $0.13. The company had revenue of $40.58 million during the quarter, compared to analysts’ expectations of $37.87 million. WidePoint had a negative net margin of 1.24% and a negative return on equity of 16.24%. On average, analysts predict that WidePoint will post -0.06 earnings per share for the current year.

Insider Transactions at WidePoint

In other WidePoint news, CFO Robert J. George sold 16,882 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $16.16, for a total value of $272,813.12. Following the completion of the sale, the chief financial officer owned 19,842 shares in the company, valued at approximately $320,646.72. This trade represents a 45.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Todd Dzyak sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the sale, the chief operating officer owned 115,436 shares of the company’s stock, valued at $2,770,464. The trade was a 7.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 62,745 shares of company stock valued at $1,056,944 over the last ninety days. 16.10% of the stock is currently owned by company insiders.

Institutional Trading of WidePoint

Several institutional investors and hedge funds have recently made changes to their positions in WYY. Potomac Capital Management Inc. bought a new position in shares of WidePoint in the 4th quarter worth $1,051,000. Renaissance Technologies LLC grew its stake in shares of WidePoint by 3.0% during the fourth quarter. Renaissance Technologies LLC now owns 132,098 shares of the technology company’s stock worth $709,000 after purchasing an additional 3,898 shares during the period. State Street Corp increased its holdings in WidePoint by 9.7% in the fourth quarter. State Street Corp now owns 27,153 shares of the technology company’s stock valued at $146,000 after purchasing an additional 2,400 shares during the last quarter. Ritholtz Wealth Management bought a new stake in WidePoint in the fourth quarter valued at about $79,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in WidePoint in the first quarter valued at about $87,000. Institutional investors own 22.60% of the company’s stock.

WidePoint Company Profile

(Get Free Report)

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.

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