BIO-key International, Inc. (NASDAQ:BKYI) Sees Significant Growth in Short Interest

BIO-key International, Inc. (NASDAQ:BKYI) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 865,200 shares, an increase of 6,659.4% from the October 15th total of 12,800 shares. Based on an average daily volume of 4,850,000 shares, the short-interest ratio is presently 0.2 days. Currently, 30.9% of the company’s shares are short sold.

BIO-key International Stock Down 0.9 %

BIO-key International stock traded down $0.01 during trading hours on Tuesday, hitting $1.03. The company had a trading volume of 27,407 shares, compared to its average volume of 1,488,895. The company has a 50-day moving average price of $1.04 and a two-hundred day moving average price of $1.40. BIO-key International has a 1 year low of $0.52 and a 1 year high of $4.43. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.54 and a quick ratio of 0.46.

BIO-key International (NASDAQ:BKYI) last released its quarterly earnings data on Wednesday, August 14th. The technology company reported ($1.00) EPS for the quarter, missing the consensus estimate of ($0.54) by ($0.46). BIO-key International had a negative return on equity of 673.82% and a negative net margin of 93.18%. The firm had revenue of $1.14 million for the quarter.

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.