CID Holdco, Inc. (NASDAQ:DAIC) Sees Significant Increase in Short Interest

CID Holdco, Inc. (NASDAQ:DAICGet Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,779,841 shares, an increase of 5,507.1% from the December 15th total of 49,577 shares. Based on an average trading volume of 14,371,358 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 14,371,358 shares, the short-interest ratio is currently 0.2 days.

CID Holdco Stock Down 3.1%

Shares of DAIC stock traded down $0.02 during trading on Monday, reaching $0.47. The company’s stock had a trading volume of 241,215 shares, compared to its average volume of 888,431. CID Holdco has a one year low of $0.37 and a one year high of $75.00. The firm’s fifty day moving average is $1.49.

CID Holdco (NASDAQ:DAICGet Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $0.78 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CID Holdco in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, CID Holdco presently has an average rating of “Sell”.

Read Our Latest Stock Report on DAIC

Hedge Funds Weigh In On CID Holdco

A number of hedge funds and other institutional investors have recently bought and sold shares of DAIC. Highbridge Capital Management LLC bought a new stake in shares of CID Holdco in the second quarter valued at approximately $513,000. DecisionPoint Financial LLC acquired a new position in CID Holdco in the 2nd quarter valued at $158,000. Millennium Management LLC bought a new stake in shares of CID Holdco during the 3rd quarter valued at $211,000. Moore Capital Management LP bought a new stake in shares of CID Holdco during the 3rd quarter valued at $398,000. Finally, Mutual Advisors LLC acquired a new stake in shares of CID Holdco during the 3rd quarter worth $701,000.

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

Further Reading

Receive News & Ratings for CID Holdco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CID Holdco and related companies with MarketBeat.com's FREE daily email newsletter.