CID Holdco, Inc. (NASDAQ:DAIC) Short Interest Update

CID Holdco, Inc. (NASDAQ:DAIC) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 253,375 shares, a decline of 37.9% from the January 29th total of 408,295 shares. Based on an average trading volume of 173,966 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 173,966 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of CID Holdco

Hedge funds and other institutional investors have recently made changes to their positions in the business. Scratch Capital LLC acquired a new stake in CID Holdco during the third quarter valued at approximately $27,000. Sandia Investment Management LP acquired a new position in CID Holdco in the second quarter worth approximately $112,000. DecisionPoint Financial LLC bought a new position in shares of CID Holdco in the second quarter valued at $158,000. Millennium Management LLC acquired a new stake in shares of CID Holdco during the 3rd quarter valued at $211,000. Finally, Bank of Montreal Can lifted its position in shares of CID Holdco by 97.0% during the 4th quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock valued at $88,000 after acquiring an additional 97,000 shares during the last quarter.

CID Holdco Stock Performance

Shares of CID Holdco stock opened at $0.24 on Friday. The business has a fifty day simple moving average of $0.42 and a 200-day simple moving average of $2.00. CID Holdco has a fifty-two week low of $0.22 and a fifty-two week high of $75.00.

CID Holdco (NASDAQ:DAIC) last released its earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of $0.78 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CID Holdco in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

CID Holdco, Inc is a manufacturing company in the Computer Software industry.