Short Interest in Duos Technologies Group, Inc. (NASDAQ:DUOT) Decreases By 5.0%

Duos Technologies Group, Inc. (NASDAQ:DUOT) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 56,700 shares, a drop of 5.0% from the March 15th total of 59,700 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DUOT. Vanguard Group Inc. lifted its position in shares of Duos Technologies Group by 58.9% during the fourth quarter. Vanguard Group Inc. now owns 206,433 shares of the company’s stock worth $599,000 after acquiring an additional 76,543 shares in the last quarter. Diversified Investment Strategies LLC boosted its position in shares of Duos Technologies Group by 25.0% in the first quarter. Diversified Investment Strategies LLC now owns 75,000 shares of the company’s stock valued at $326,000 after acquiring an additional 15,000 shares during the period. Private Advisor Group LLC boosted its stake in Duos Technologies Group by 6.9% during the third quarter. Private Advisor Group LLC now owns 51,756 shares of the company’s stock valued at $266,000 after buying an additional 3,350 shares during the period. Spire Wealth Management bought a new stake in shares of Duos Technologies Group during the 4th quarter valued at about $100,000. Finally, Northern Trust Corp purchased a new position in shares of Duos Technologies Group during the fourth quarter worth about $72,000. 42.61% of the stock is owned by institutional investors.

Duos Technologies Group Stock Down 3.6 %

Shares of NASDAQ:DUOT opened at $2.97 on Tuesday. The firm has a market capitalization of $21.70 million, a PE ratio of -1.89 and a beta of 1.07. The company has a 50-day moving average price of $3.91 and a two-hundred day moving average price of $3.65. Duos Technologies Group has a twelve month low of $1.93 and a twelve month high of $7.20.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. Its solutions include Centraco, an enterprise information management software platform; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications; and Praesidium, a middleware platform solution to manage various image capture devices and some sensors for input into the Centraco software.