Duos Technologies Group, Inc. (NASDAQ:DUOT) Short Interest Update

Duos Technologies Group, Inc. (NASDAQ:DUOT) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,571,750 shares, a growth of 29.2% from the February 26th total of 1,216,739 shares. Based on an average trading volume of 714,308 shares, the days-to-cover ratio is presently 2.2 days. Approximately 8.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Mink Brook Asset Management LLC bought a new stake in shares of Duos Technologies Group in the 3rd quarter valued at approximately $5,756,000. Northern Right Capital Management L.P. bought a new stake in Duos Technologies Group in the third quarter worth approximately $5,723,000. Shay Capital LLC grew its position in Duos Technologies Group by 2,646.1% in the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock worth $3,032,000 after acquiring an additional 396,910 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Duos Technologies Group by 80.4% during the 3rd quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after purchasing an additional 285,235 shares during the last quarter. Finally, Potomac Capital Management Inc. bought a new position in shares of Duos Technologies Group during the 4th quarter valued at $3,085,000. 42.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DUOT has been the subject of a number of recent analyst reports. Ascendiant Capital Markets raised their price objective on shares of Duos Technologies Group from $11.50 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, December 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $14.00.

Duos Technologies Group Price Performance

Duos Technologies Group stock traded up $0.56 during trading hours on Tuesday, hitting $6.86. The company had a trading volume of 716,397 shares, compared to its average volume of 445,308. Duos Technologies Group has a fifty-two week low of $3.84 and a fifty-two week high of $12.17. The firm has a market capitalization of $143.24 million, a P/E ratio of -7.22 and a beta of 1.02. The firm’s fifty day moving average is $8.61 and its 200-day moving average is $9.06.

About Duos Technologies Group

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.