Short Interest in Duos Technologies Group, Inc. (NASDAQ:DUOT) Decreases By 5.0%

Duos Technologies Group, Inc. (NASDAQ:DUOT) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 56,700 shares, a drop of 5.0% from the March 15th total of 59,700 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Duos Technologies Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Tucker Asset Management LLC increased its holdings in shares of Duos Technologies Group by 10,829.0% in the third quarter. Tucker Asset Management LLC now owns 10,929 shares of the company’s stock worth $56,000 after purchasing an additional 10,829 shares during the last quarter. Northern Trust Corp bought a new stake in Duos Technologies Group in the 4th quarter worth approximately $72,000. Spire Wealth Management purchased a new stake in shares of Duos Technologies Group during the 4th quarter worth approximately $100,000. Private Advisor Group LLC grew its holdings in shares of Duos Technologies Group by 6.9% in the third quarter. Private Advisor Group LLC now owns 51,756 shares of the company’s stock valued at $266,000 after purchasing an additional 3,350 shares in the last quarter. Finally, Diversified Investment Strategies LLC increased its position in Duos Technologies Group by 25.0% in the first quarter. Diversified Investment Strategies LLC now owns 75,000 shares of the company’s stock worth $326,000 after purchasing an additional 15,000 shares during the last quarter. 42.61% of the stock is currently owned by institutional investors.

Duos Technologies Group Stock Performance

Duos Technologies Group stock opened at $3.05 on Thursday. Duos Technologies Group has a 1 year low of $1.93 and a 1 year high of $7.20. The firm’s 50 day moving average price is $3.86 and its 200-day moving average price is $3.63.

About Duos Technologies Group

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. Its solutions include Centraco, an enterprise information management software platform; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications; and Praesidium, a middleware platform solution to manage various image capture devices and some sensors for input into the Centraco software.