Short Interest in BIO-key International, Inc. (NASDAQ:BKYI) Grows By 228.0%

BIO-key International, Inc. (NASDAQ:BKYI) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 137,100 shares, a growth of 228.0% from the February 28th total of 41,800 shares. Based on an average daily volume of 3,640,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 6.9% of the shares of the company are short sold.

BIO-key International Stock Performance

BIO-key International stock opened at $0.81 on Friday. The company has a market cap of $2.54 million, a PE ratio of -0.36 and a beta of -0.10. BIO-key International has a 12 month low of $0.52 and a 12 month high of $3.68. The company has a fifty day moving average price of $1.20 and a two-hundred day moving average price of $1.15. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.78 and a quick ratio of 0.71.

BIO-key International (NASDAQ:BKYI) last posted its quarterly earnings results on Thursday, March 27th. The technology company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.18). BIO-key International had a negative net margin of 72.53% and a negative return on equity of 3,124.77%. The business had revenue of $1.46 million during the quarter, compared to analyst estimates of $2.29 million.

BIO-key International Company Profile

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.