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

Data I/O Co. (NASDAQ:DAIO) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 30,300 shares, a drop of 29.7% from the January 31st total of 43,100 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 27,800 shares, the short-interest ratio is currently 1.1 days.

Data I/O Stock Down 3.5 %

NASDAQ:DAIO traded down $0.09 during midday trading on Tuesday, reaching $2.50. The stock had a trading volume of 36,975 shares, compared to its average volume of 23,075. The firm has a fifty day simple moving average of $2.93 and a two-hundred day simple moving average of $2.70. Data I/O has a 12-month low of $2.29 and a 12-month high of $3.99. The stock has a market cap of $23.09 million, a P/E ratio of -13.16 and a beta of 0.91.

Institutional Investors Weigh In On Data I/O

Hedge funds and other institutional investors have recently bought and sold shares of the business. Legato Capital Management LLC acquired a new stake in Data I/O in the fourth quarter valued at $30,000. Essex Investment Management Co. LLC lifted its holdings in Data I/O by 37.6% in the fourth quarter. Essex Investment Management Co. LLC now owns 39,063 shares of the electronics maker’s stock valued at $108,000 after acquiring an additional 10,679 shares during the period. Geode Capital Management LLC lifted its holdings in Data I/O by 30.9% in the third quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock valued at $248,000 after acquiring an additional 22,804 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Data I/O by 0.7% in the fourth quarter. Renaissance Technologies LLC now owns 503,643 shares of the electronics maker’s stock valued at $1,395,000 after acquiring an additional 3,654 shares during the period. Institutional investors and hedge funds 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.