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

Data I/O Co. (NASDAQ:DAIO) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 30,300 shares, a decrease of 29.7% from the January 31st total of 43,100 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 27,800 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On Data I/O

A number of institutional investors have recently added to or reduced their stakes in DAIO. Geode Capital Management LLC increased its position in Data I/O by 30.9% during the 3rd quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock worth $248,000 after purchasing an additional 22,804 shares in the last quarter. Legato Capital Management LLC acquired a new position in Data I/O during the 4th quarter worth approximately $30,000. Essex Investment Management Co. LLC increased its position in Data I/O by 37.6% during the 4th quarter. Essex Investment Management Co. LLC now owns 39,063 shares of the electronics maker’s stock worth $108,000 after purchasing an additional 10,679 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in Data I/O by 0.7% during the 4th quarter. Renaissance Technologies LLC now owns 503,643 shares of the electronics maker’s stock worth $1,395,000 after purchasing an additional 3,654 shares in the last quarter. 36.95% of the stock is currently owned by institutional investors and hedge funds.

Data I/O Stock Performance

Shares of Data I/O stock traded up $0.03 on Wednesday, reaching $2.53. 6,479 shares of the stock were exchanged, compared to its average volume of 22,678. The firm’s 50 day moving average is $2.92 and its 200-day moving average is $2.70. Data I/O has a one year low of $2.29 and a one year high of $3.99. The firm has a market cap of $23.37 million, a PE ratio of -13.32 and a beta of 0.91.

About Data I/O

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.