Short Interest in BIO-key International, Inc. (NASDAQ:BKYI) Expands By 295.3%

BIO-key International, Inc. (NASDAQ:BKYI) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 300,400 shares, an increase of 295.3% from the December 15th total of 76,000 shares. Based on an average daily volume of 2,270,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 12.9% of the shares of the stock are sold short.

BIO-key International Stock Performance

Shares of BKYI stock traded down $0.07 on Tuesday, reaching $1.42. The company had a trading volume of 30,218 shares, compared to its average volume of 907,585. The business’s 50-day moving average is $1.15 and its 200 day moving average is $1.23. BIO-key International has a one year low of $0.52 and a one year high of $3.22. 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 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.