The stock is trading at $10.08 slightly over the 50 day moving average which is $9.36 and well above the 200 day moving average of $7.94. The 50 day moving average was up by +7.69% and the 200 day average went up $2.14 or +26.92%. Trading volume for Data I/O Corporation was 94K on Tuesday. Overall, volume was down 47.43% under the stocks normal daily volume.
Investors are more bullish recently if you pay attention to the decrease in short interest. The stock had a fall in short interest between September 15, 2017 and September 29, 2017 of -18.36%. Short shares fell from 69,445 to 56,694 over that period. The short-interest ratio decreased to 1.0 and the percentage of shorted shares was 0.01% on September 29.
Here is a rundown on some insider market activity for Data I/O Corporation (NASDAQ:DAIO). Vice President CTO Rajeev Gulati sold 10,972 shares at a price of $9.69 on Fri the 13th. The Vice President CTO now owns $720,597 of the stock per an SEC filing yesterday.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Tower Research Capital LLC (trc) had acquired 137 shares growing its position 22.1%. The value of the total investment in Data I/O Corporation went from $2,000 to $6,000 a change of $4,000 quarter over quarter. As of quarter end Kcg Holdings, Inc. had bought a total of 13,833 shares growing its holdings by 58.8%. The value in dollars increased from $117,000 to $297,000 increasing 153.8% for the reporting period.
Spark Investment Management LLC added to its ownership by buying 33,800 shares an increase of 120.7% as of 06/30/2017. Spark Investment Management LLC currently owns 61,800 shares with a value of $491,000. The value of the position overall is up by 253.2%. Ubs Group Ag expanded its investment by buying 632 shares an increase of 376.2% from 03/31/2017 to 06/30/2017. Ubs Group Ag now controls 800 shares worth $6,000. The total value of its holdings increased 500.0%.
The company currently has a P/E ratio of 23.50 and the market cap is 82.37M.
Data I/O Corporation, launched on April 3, 1969, provides programming and associated intellectual property management solutions. The Business’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. The Company designs, manufactures and sells programming systems used by designers and manufacturers of electronic products. The Business’s solutions, which include associated intellectual property management, secure content management and process control capabilities, enable it to address the requirements of the electronic device market. The Company also provides services related to hardware support, system installation and repair, and device programming..