BIO-key International Inc. (NASDAQ:BKYI) Short Interest Update

BIO-key International Inc. (NASDAQ:BKYI) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 158,340 shares, a decrease of 29.4% from the February 26th total of 224,434 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 583,713 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BIO-key International stock. Geode Capital Management LLC lifted its position in shares of BIO-key International Inc. (NASDAQ:BKYI) by 49.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,892 shares of the technology company’s stock after purchasing an additional 16,271 shares during the quarter. Geode Capital Management LLC owned about 0.45% of BIO-key International worth $26,000 as of its most recent filing with the Securities & Exchange Commission. 26.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BKYI. Wall Street Zen upgraded BIO-key International to a “sell” rating in a research report on Saturday, January 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of BIO-key International in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, BIO-key International currently has a consensus rating of “Sell”.

BIO-key International Price Performance

Shares of NASDAQ BKYI opened at $0.57 on Friday. BIO-key International has a 1 year low of $0.51 and a 1 year high of $1.97. The stock has a market capitalization of $6.22 million, a P/E ratio of -0.55 and a beta of 0.41. The company’s 50-day moving average is $0.63 and its 200 day moving average is $0.70. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.26 and a quick ratio of 1.13.

BIO-key International Company Profile

BIO-key International, Inc is a developer and provider of fingerprint biometric identity and access management solutions, serving enterprise and government customers. The company’s core offerings include a range of fingerprint readers and authentication software designed to verify user identity across physical and digital environments. By leveraging proprietary template-on-card and template-on-device technologies, BIO-key seeks to enhance security and streamline user access without reliance on traditional passwords.

In addition to hardware sensors, BIO-key delivers software platforms that integrate with existing IT infrastructures such as Microsoft Active Directory and major workforce management systems.