CID Holdco, Inc. (NASDAQ:DAIC – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 34,929 shares, an increase of 94.2% from the July 15th total of 17,985 shares. Based on an average trading volume of 528,414 shares, the short-interest ratio is presently 0.1 days.
CID Holdco Stock Performance
Shares of DAIC stock traded down $0.08 on Friday, hitting $0.49. 669,365 shares of the stock traded hands, compared to its average volume of 432,192. CID Holdco has a 1-year low of $0.41 and a 1-year high of $130.13. The company’s fifty day moving average is $1.42 and its 200 day moving average is $4.22.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of CID Holdco to a “sell” rating in a research note on Saturday, July 25th. Weiss Ratings raised CID Holdco from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Institutional Trading of CID Holdco
Several institutional investors have recently added to or reduced their stakes in the business. Blue Owl Capital Holdings LP acquired a new position in shares of CID Holdco in the 4th quarter valued at about $251,000. Bank of America Corp DE acquired a new stake in CID Holdco during the second quarter worth about $2,267,000. Moore Capital Management LP bought a new position in CID Holdco in the third quarter worth about $398,000. Bank of Montreal Can lifted its holdings in CID Holdco by 97.0% in the fourth quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock worth $88,000 after acquiring an additional 97,000 shares during the last quarter. Finally, Millennium Management LLC bought a new position in CID Holdco in the third quarter worth about $211,000.
CID Holdco, Inc is a technology company in the Application Software industry.
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