BIO-key International, Inc. (NASDAQ:BKYI) Short Interest Down 37.8% in March

BIO-key International, Inc. (NASDAQ:BKYI) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 85,300 shares, a decline of 37.8% from the March 15th total of 137,100 shares. Currently, 4.3% of the shares of the stock are sold short. Based on an average daily volume of 3,500,000 shares, the days-to-cover ratio is currently 0.0 days.

BIO-key International Price Performance

Shares of NASDAQ:BKYI traded down $0.05 during trading on Thursday, reaching $0.67. The company had a trading volume of 31,308 shares, compared to its average volume of 2,220,027. BIO-key International has a 12 month low of $0.52 and a 12 month high of $3.68. The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $2.08 million, a P/E ratio of -0.30 and a beta of 0.49. The company has a fifty day moving average of $0.98 and a two-hundred day moving average of $1.09.

BIO-key International (NASDAQ:BKYI) last released its earnings results on Thursday, March 27th. The technology company reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.18). BIO-key International had a negative net margin of 72.53% and a negative return on equity of 3,124.77%. The firm had revenue of $1.46 million during the quarter, compared to the consensus estimate of $2.29 million.

About BIO-key International

BIO-key International, Inc develops and markets fingerprint identification biometric technology and software solutions, and enterprise-ready identity access management solutions for commercial, government, and education customers in the United States and internationally. The company offers BIO-key PortalGuard and PortalGuard IDaaS solutions, a customer-controlled and neutral-by-design cloud-based identity platform that allows customers to integrate with any cloud or on-premises SaaS application, as well as windows device authentication through IAM platform.