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

BIO-key International, Inc. (NASDAQ:BKYI) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 76,000 shares, a growth of 91.4% from the November 30th total of 39,700 shares. Currently, 3.3% of the company’s stock are sold short. Based on an average trading volume of 2,070,000 shares, the days-to-cover ratio is presently 0.0 days.

BIO-key International Stock Performance

Shares of BKYI traded up $0.32 during midday trading on Friday, reaching $1.41. 4,114,423 shares of the stock were exchanged, compared to its average volume of 1,334,181. The company has a quick ratio of 0.71, a current ratio of 0.78 and a debt-to-equity ratio of 0.63. BIO-key International has a 12-month low of $0.52 and a 12-month high of $4.12. The firm has a 50 day simple moving average of $1.00 and a 200-day simple moving average of $1.23.

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.