Short Interest in BIO-key International, Inc. (NASDAQ:BKYI) Rises By 228.0%

BIO-key International, Inc. (NASDAQ:BKYI) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 137,100 shares, a growth of 228.0% from the February 28th total of 41,800 shares. Based on an average trading volume of 3,640,000 shares, the short-interest ratio is presently 0.0 days. Approximately 6.9% of the shares of the stock are short sold.

BIO-key International Price Performance

BIO-key International stock opened at $0.86 on Friday. The stock has a fifty day moving average price of $1.22 and a two-hundred day moving average price of $1.15. BIO-key International has a 52-week low of $0.52 and a 52-week 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.

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

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.