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

BIO-key International, Inc. (NASDAQ:BKYI) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 24,500 shares, a drop of 75.9% from the January 15th total of 101,700 shares. Based on an average daily volume of 3,560,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.2% of the shares of the stock are sold short.

BIO-key International Stock Down 3.9 %

NASDAQ BKYI traded down $0.05 during trading hours on Wednesday, reaching $1.23. The company’s stock had a trading volume of 119,768 shares, compared to its average volume of 7,745,241. BIO-key International has a 1 year low of $0.52 and a 1 year high of $3.68. The company has a quick ratio of 0.71, a current ratio of 0.78 and a debt-to-equity ratio of 0.63. The firm’s 50-day moving average price is $1.37 and its 200-day moving average price is $1.21.

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.