Short Interest in BIO-key International, Inc. (NASDAQ:BKYI) Expands By 56.1%

BIO-key International, Inc. (NASDAQ:BKYI) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 15,300 shares, a growth of 56.1% from the August 15th total of 9,800 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,500,000 shares, the days-to-cover ratio is presently 0.0 days.

BIO-key International Price Performance

Shares of BKYI stock traded down $0.16 on Friday, reaching $1.54. 681,008 shares of the company’s stock were exchanged, compared to its average volume of 1,091,128. BIO-key International has a 52 week low of $1.00 and a 52 week high of $10.58. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.54 and a quick ratio of 0.46. The company’s fifty day simple moving average is $1.48 and its 200 day simple moving average is $1.69.

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

BIO-key International Company Profile

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.