Data I/O Co. (NASDAQ:DAIO) Short Interest Update

Data I/O Co. (NASDAQ:DAIO) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 32,400 shares, an increase of 103.8% from the November 30th total of 15,900 shares. Based on an average daily trading volume, of 30,700 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.4% of the shares of the company are short sold.

Data I/O Trading Down 1.8 %

Shares of NASDAQ:DAIO traded down $0.05 during trading on Friday, hitting $2.76. 18,517 shares of the stock were exchanged, compared to its average volume of 24,057. The company has a market cap of $25.49 million, a PE ratio of -14.53 and a beta of 0.92. Data I/O has a 12-month low of $2.29 and a 12-month high of $3.99. The company has a fifty day moving average price of $2.66 and a two-hundred day moving average price of $2.62.

Data I/O (NASDAQ:DAIO) last announced its quarterly earnings results on Thursday, October 24th. The electronics maker reported ($0.03) EPS for the quarter. The firm had revenue of $5.42 million for the quarter. Data I/O had a negative return on equity of 9.05% and a negative net margin of 7.53%.

Hedge Funds Weigh In On Data I/O

A hedge fund recently raised its stake in Data I/O stock. Geode Capital Management LLC lifted its position in Data I/O Co. (NASDAQ:DAIO) by 30.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,512 shares of the electronics maker’s stock after acquiring an additional 22,804 shares during the quarter. Geode Capital Management LLC owned 1.04% of Data I/O worth $248,000 as of its most recent SEC filing. Institutional investors own 36.95% of the company’s stock.

Data I/O Company Profile

Data I/O Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Europe, and internationally. Its programming system products are used to program integrated circuits (ICs) with the specific data for the ICs.