Data I/O Co. (NASDAQ:DAIO) Short Interest Up 103.8% in December

Data I/O Co. (NASDAQ:DAIO) was the recipient of a significant increase in short interest in 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 volume of 30,700 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Data I/O stock. Geode Capital Management LLC raised its stake in shares of Data I/O Co. (NASDAQ:DAIO) by 30.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 96,512 shares of the electronics maker’s stock after purchasing an additional 22,804 shares during the period. Geode Capital Management LLC owned approximately 1.04% of Data I/O worth $248,000 as of its most recent SEC filing. 36.95% of the stock is currently owned by institutional investors and hedge funds.

Data I/O Trading Down 1.8 %

DAIO stock traded down $0.05 during trading on Friday, reaching $2.76. 18,517 shares of the stock were exchanged, compared to its average volume of 24,057. Data I/O has a twelve month low of $2.29 and a twelve month high of $3.99. The firm’s 50 day moving average is $2.66 and its 200 day moving average is $2.62. The firm has a market cap of $25.49 million, a P/E ratio of -14.53 and a beta of 0.92.

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

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.