WidePoint Corporation (NYSEAMERICAN:WYY) Sees Significant Growth in Short Interest

Posted by Francis Steltz on Jun 13th, 2026

WidePoint Corporation (NYSEAMERICAN:WYY – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 170,975 shares, a growth of 119.5% from the May 14th total of 77,894 shares. Currently, 2.1% of the company’s stock are sold short. Based on an average daily volume of 171,916 shares, the short-interest ratio is currently 1.0 days.

Insider Buying and Selling

In other WidePoint news, CFO Robert J. George sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $10.59, for a total transaction of $105,900.00. Following the completion of the sale, the chief financial officer directly owned 54,493 shares of the company’s stock, valued at approximately $577,080.87. The trade was a 15.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 16.10% of the company’s stock.

Hedge Funds Weigh In On WidePoint

Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its holdings in shares of WidePoint by 19,130.8% in the first quarter. Royal Bank of Canada now owns 5,000 shares of the technology company’s stock valued at $25,000 after acquiring an additional 4,974 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in shares of WidePoint in the first quarter valued at approximately $50,000. Cassaday & Co Wealth Management LLC bought a new position in shares of WidePoint in the first quarter valued at approximately $87,000. NewEdge Advisors LLC grew its holdings in shares of WidePoint by 194.5% in the fourth quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock valued at $247,000 after acquiring an additional 30,397 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of 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 acquiring an additional 2,400 shares in the last quarter. 22.60% of the stock is owned by institutional investors.

WidePoint Stock Performance

WYY stock opened at $11.91 on Friday. The firm has a market cap of $117.79 million, a PE ratio of -59.55 and a beta of 1.81. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average of $8.11 and a 200-day moving average of $6.57. WidePoint has a 12-month low of $2.80 and a 12-month high of $13.08.

WidePoint (NYSEAMERICAN:WYY – Get Free Report) last released its earnings results on Thursday, May 14th. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.13. The company had revenue of $40.58 million during the quarter, compared to analyst estimates of $37.87 million. WidePoint had a negative return on equity of 16.24% and a negative net margin of 1.24%. As a group, sell-side analysts expect that WidePoint will post -0.06 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on WYY. Zacks Research raised WidePoint from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. HC Wainwright reissued a “buy” rating and set a $9.00 price objective on shares of WidePoint in a report on Monday, March 30th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $8.67.

Check Out Our Latest Stock Report on WYY

About WidePoint

(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.