BIO-key International, Inc. (NASDAQ:BKYI) Sees Large Increase in Short Interest

BIO-key International, Inc. (NASDAQ:BKYI) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 300,400 shares, a growth of 295.3% from the December 31st total of 76,000 shares. Approximately 12.9% of the company’s shares are short sold. Based on an average trading volume of 2,270,000 shares, the days-to-cover ratio is presently 0.1 days.

BIO-key International Stock Performance

Shares of BKYI stock traded up $0.02 during mid-day trading on Tuesday, hitting $1.51. The company’s stock had a trading volume of 131,059 shares, compared to its average volume of 12,645,085. BIO-key International has a 52 week low of $0.52 and a 52 week high of $3.68. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.71 and a current ratio of 0.78. The company’s fifty day simple moving average is $1.29 and its 200-day simple moving average is $1.23.

About BIO-key International

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.