CID Holdco, Inc. (NASDAQ:DAIC) Short Interest Down 37.9% in February

CID Holdco, Inc. (NASDAQ:DAICGet Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 253,375 shares, a decrease of 37.9% from the January 29th total of 408,295 shares. Based on an average trading volume of 173,966 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 173,966 shares, the days-to-cover ratio is currently 1.5 days.

CID Holdco Price Performance

CID Holdco stock traded down $0.00 during mid-day trading on Monday, hitting $0.24. The stock had a trading volume of 68,236 shares, compared to its average volume of 322,989. The stock has a 50-day simple moving average of $0.42 and a two-hundred day simple moving average of $1.98. CID Holdco has a 12 month low of $0.22 and a 12 month high of $75.00.

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 business had revenue of $0.78 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CID Holdco in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on CID Holdco

Hedge Funds Weigh In On CID Holdco

Several large investors have recently bought and sold shares of the business. Scratch Capital LLC bought a new position in CID Holdco in the third quarter valued at approximately $27,000. Sandia Investment Management LP bought a new position in shares of CID Holdco in the 2nd quarter worth $112,000. DecisionPoint Financial LLC acquired a new stake in shares of CID Holdco during the second quarter worth $158,000. Millennium Management LLC bought a new stake in CID Holdco in the third quarter valued at about $211,000. Finally, Bank of Montreal Can lifted its stake in CID Holdco by 97.0% in the fourth quarter. Bank of Montreal Can now owns 197,008 shares of the company’s stock valued at $88,000 after buying an additional 97,000 shares during the period.

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

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