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

by · The Cerbat Gem

Data I/O Co. (NASDAQ:DAIO – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 11,300 shares, a decrease of 62.0% from the September 30th total of 29,700 shares. Based on an average daily volume of 20,200 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Data I/O Trading Up 3.1 %

NASDAQ DAIO traded up $0.08 on Monday, hitting $2.63. 49,139 shares of the stock traded hands, compared to its average volume of 21,828. The company has a market capitalization of $23.74 million, a P/E ratio of -52.80 and a beta of 0.96. The stock has a 50-day moving average of $2.50 and a 200 day moving average of $2.74. Data I/O has a twelve month low of $2.29 and a twelve month high of $3.99.

Data I/O (NASDAQ:DAIO – Get Free Report) last posted its quarterly 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 for the quarter. Data I/O had a negative net margin of 6.15% and a negative return on equity of 7.71%.

Wall Street Analysts Forecast Growth

Separately, Westpark Capital reiterated a “buy” rating and set a $4.00 price objective on shares of Data I/O in a research note on Wednesday, August 21st.

Read Our Latest Report on Data I/O

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Data I/O stock. Perkins Coie Trust Co bought a new position in Data I/O Co. (NASDAQ:DAIO – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,500 shares of the electronics maker’s stock, valued at approximately $56,000. Perkins Coie Trust Co owned about 0.23% of Data I/O as of its most recent SEC filing. 36.95% of the stock is currently owned by hedge funds and other institutional investors.

About Data I/O

(Get Free Report)

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.

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