Duos Technologies Group, Inc. (NASDAQ:DUOT) Short Interest Down 5.0% in March

Duos Technologies Group, Inc. (NASDAQ:DUOT) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 56,700 shares, a decrease of 5.0% from the March 15th total of 59,700 shares. Based on an average daily volume of 33,400 shares, the short-interest ratio is currently 1.7 days.

Hedge Funds Weigh In On Duos Technologies Group

Several hedge funds have recently made changes to their positions in DUOT. Vanguard Group Inc. boosted its position in shares of Duos Technologies Group by 58.9% in the 4th quarter. Vanguard Group Inc. now owns 206,433 shares of the company’s stock valued at $599,000 after purchasing an additional 76,543 shares during the period. Diversified Investment Strategies LLC increased its position in Duos Technologies Group by 25.0% during the first quarter. Diversified Investment Strategies LLC now owns 75,000 shares of the company’s stock worth $326,000 after buying an additional 15,000 shares during the period. Private Advisor Group LLC lifted its stake in Duos Technologies Group by 6.9% in the third quarter. Private Advisor Group LLC now owns 51,756 shares of the company’s stock valued at $266,000 after buying an additional 3,350 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Duos Technologies Group during the fourth quarter worth about $100,000. Finally, Northern Trust Corp purchased a new position in shares of Duos Technologies Group during the fourth quarter worth about $72,000. Hedge funds and other institutional investors own 42.61% of the company’s stock.

Duos Technologies Group Stock Performance

Shares of NASDAQ:DUOT opened at $3.05 on Thursday. Duos Technologies Group has a 12 month low of $1.93 and a 12 month high of $7.20. The company’s fifty day moving average price is $3.86 and its 200 day moving average price is $3.63.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. Its solutions include Centraco, an enterprise information management software platform; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications; and Praesidium, a middleware platform solution to manage various image capture devices and some sensors for input into the Centraco software.