Duos Technologies Group, Inc. (NASDAQ:DUOT) Short Interest Up 21.5% in April

Duos Technologies Group, Inc. (NASDAQ:DUOT) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 1,817,057 shares, a growth of 21.5% from the March 31st total of 1,495,087 shares. Approximately 9.8% of the company’s stock are sold short. Based on an average daily trading volume, of 517,932 shares, the days-to-cover ratio is presently 3.5 days.

Institutional Investors Weigh In On Duos Technologies Group

Institutional investors and hedge funds have recently modified their holdings of the company. Tucker Asset Management LLC purchased a new position in Duos Technologies Group in the 4th quarter valued at approximately $42,000. C2C Wealth Management LLC purchased a new stake in Duos Technologies Group during the first quarter worth $75,000. Zuckerman Investment Group LLC acquired a new stake in Duos Technologies Group in the third quarter valued at $132,000. Squarepoint Ops LLC acquired a new stake in Duos Technologies Group in the fourth quarter valued at $134,000. Finally, Worth Venture Partners LLC purchased a new position in shares of Duos Technologies Group in the third quarter valued at $138,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

Duos Technologies Group Trading Up 2.6%

Shares of NASDAQ:DUOT traded up $0.23 on Friday, reaching $9.03. 500,224 shares of the company were exchanged, compared to its average volume of 416,575. Duos Technologies Group has a 1-year low of $5.78 and a 1-year high of $12.17. The firm has a market cap of $266.75 million, a price-to-earnings ratio of -13.09 and a beta of 1.06. The company has a 50-day moving average of $7.72 and a 200-day moving average of $9.04.

Duos Technologies Group (NASDAQ:DUOT) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.14). Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%. The company had revenue of $9.46 million during the quarter, compared to analyst estimates of $8.40 million. As a group, analysts forecast that Duos Technologies Group will post 0.04 earnings per share for the current year.

Wall Street Analyst Weigh In

DUOT has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Monday, April 20th. Zacks Research lowered Duos Technologies Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. Wall Street Zen raised Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Sunday, April 19th. Finally, Ascendiant Capital Markets increased their price objective on Duos Technologies Group from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $17.00.

Duos Technologies Group Company Profile

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.