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

Data I/O Co. (NASDAQ:DAIO) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 4,000 shares, a drop of 62.3% from the February 28th total of 10,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 20,600 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Data I/O

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings 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 worth $248,000 after purchasing an additional 22,804 shares during the last quarter. Legato Capital Management LLC purchased a new position in shares of Data I/O in the fourth quarter valued at $30,000. Essex Investment Management Co. LLC raised its stake 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 buying an additional 10,679 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Data I/O by 0.7% in the 4th quarter. Renaissance Technologies LLC now owns 503,643 shares of the electronics maker’s stock worth $1,395,000 after buying an additional 3,654 shares in the last quarter. Hedge funds and other institutional investors own 36.95% of the company’s stock.

Data I/O Price Performance

NASDAQ DAIO traded down $0.02 on Friday, hitting $2.51. 20,001 shares of the company’s stock were exchanged, compared to its average volume of 22,621. The firm has a market cap of $23.18 million, a price-to-earnings ratio of -13.21 and a beta of 0.90. The firm’s 50-day moving average price is $2.79 and its two-hundred day moving average price is $2.69. Data I/O has a fifty-two week low of $2.29 and a fifty-two week high of $3.99.

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.