IDEX Biometrics ASA (OTCMKTS:IDXAF) Short Interest Down 20.6% in May

IDEX Biometrics ASA (OTCMKTS:IDXAF – Get Rating) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,349,200 shares, a decrease of 20.6% from the May 15th total of 1,698,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Shares of OTCMKTS:IDXAF remained flat at $$0.19 on Thursday. The company has a market capitalization of $149.74 million, a P/E ratio of -3.80 and a beta of 2.57. The business’s 50-day moving average price is $0.20 and its 200 day moving average price is $0.26. IDEX Biometrics ASA has a 1-year low of $0.19 and a 1-year high of $0.42.

IDEX Biometrics ASA (OTCMKTS:IDXAF – Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $0.99 million during the quarter. IDEX Biometrics ASA had a negative net margin of 1,034.13% and a negative return on equity of 151.89%.

About IDEX Biometrics ASA (Get Rating)

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies.

Further Reading

• Get a free copy of the StockNews.com research report on IDEX Biometrics ASA (IDXAF)
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