Could Data I/O Corporation (NASDAQ:DAIO) Go Up After Its Newest Short Interest Report?

December 10, 2017 - By Henry Gaston

 Could Data I/O Corporation (NASDAQ:DAIO) Go Up After Its Newest Short Interest Report?

Investors sentiment increased to 5.5 in Q2 2017. Its up 2.75, from 2.75 in 2017Q1. It improved, as 2 investors sold Data I/O Corporation shares while 2 reduced holdings. 11 funds opened positions while 11 raised stakes. 3.94 million shares or 165.67% more from 1.48 million shares in 2017Q1 were reported.
Spark Invest Management Limited Liability Corporation invested in 0.03% or 61,800 shares. 11,715 are owned by Jane Street Gp Incorporated Llc. Eam Ltd Limited Liability Company holds 0.08% of its portfolio in Data I/O Corporation (NASDAQ:DAIO) for 62,269 shares. Prelude Management Ltd Liability has 0% invested in Data I/O Corporation (NASDAQ:DAIO) for 300 shares. Fincl Bank Of America Corporation De holds 0% or 290 shares in its portfolio. Geode Ltd Liability accumulated 14,398 shares. 3,412 were accumulated by Morgan Stanley. 27,600 are owned by California Pub Employees Retirement System. Tower Rech Ltd Liability Com (Trc) invested in 3,783 shares. Blackrock invested 0% in Data I/O Corporation (NASDAQ:DAIO). Shellback Capital Ltd Partnership owns 30,605 shares. Bankshares Of Ny Mellon holds 0% or 16,456 shares. Wells Fargo Mn holds 0% or 2,825 shares in its portfolio. Moreover, Renaissance Technology Ltd has 0.01% invested in Data I/O Corporation (NASDAQ:DAIO). Northern Tru Corporation invested in 27,580 shares.

The stock of Data I/O Corporation (NASDAQ:DAIO) registered an increase of 155.4% in short interest. DAIO’s total short interest was 89,900 shares in December as published by FINRA. Its up 155.4% from 35,200 shares, reported previously. With 288,600 shares average volume, it will take short sellers 0 days to cover their DAIO’s short positions. The short interest to Data I/O Corporation’s float is 1.27%.

The stock decreased 3.19% or $0.41 during the last trading session, reaching $12.46. About 417,844 shares traded or 63.21% up from the average. Data I/O Corporation (NASDAQ:DAIO) has risen 180.69% since December 10, 2016 and is uptrending. It has outperformed by 163.99% the S&P500.

Data I/O Corporation designs, manufactures, and sells programming systems for electronic device manufacturers worldwide. The company has market cap of $102.68 million. The Company’s programming system products are used to program integrated circuits with the specific data necessary for the ICs. It has a 22.25 P/E ratio. The firm provides PSV handlers off-line automated programming systems; and RoadRunner and RoadRunner3 series handlers, an in-line automated programming systems.

More recent Data I/O Corporation (NASDAQ:DAIO) news were published by: Seekingalpha.com which released: “Data I/O Corporation: Can It Get Any Better?” on October 12, 2017. Also Marketwired.com published the news titled: “Data I/O, EBV Elektronik and Infineon Announce Immediate Availability of …” on November 13, 2017. Marketwired.com‘s news article titled: “Data I/O Presents “Secure Programming and Provisioning” at the IoT Security …” with publication date: December 04, 2017 was also an interesting one.

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