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

Data I/O Co. (NASDAQ:DAIO) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 10,600 shares, a decline of 65.0% from the February 13th total of 30,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is currently 0.4 days.

Data I/O Stock Up 1.7 %

DAIO stock opened at $2.44 on Thursday. Data I/O has a 52-week low of $2.29 and a 52-week high of $3.99. The stock’s 50 day moving average is $2.89 and its two-hundred day moving average is $2.70. The company has a market capitalization of $22.54 million, a PE ratio of -12.84 and a beta of 0.90.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DAIO. Geode Capital Management LLC raised its position in Data I/O by 30.9% during the third quarter. Geode Capital Management LLC now owns 96,512 shares of the electronics maker’s stock valued at $248,000 after buying an additional 22,804 shares during the period. Essex Investment Management Co. LLC grew its holdings in shares of 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. Legato Capital Management LLC acquired a new stake in Data I/O in the 4th quarter valued at $30,000. Finally, Renaissance Technologies LLC boosted its stake in Data I/O by 0.7% in the 4th quarter. Renaissance Technologies LLC now owns 503,643 shares of the electronics maker’s stock valued at $1,395,000 after buying an additional 3,654 shares in the last quarter. Institutional investors and hedge funds own 36.95% of the company’s stock.

Data I/O Company Profile

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.