Short Interest in Guardforce AI Co., Limited (NASDAQ:GFAI) Declines By 27.7%

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 983,600 shares, a decrease of 27.7% from the February 13th total of 1,360,000 shares. Approximately 5.6% of the company’s shares are short sold. Based on an average trading volume of 3,230,000 shares, the short-interest ratio is presently 0.3 days.

Guardforce AI Stock Performance

Shares of Guardforce AI stock traded up $0.07 during trading hours on Monday, hitting $1.13. The company’s stock had a trading volume of 372,065 shares, compared to its average volume of 1,016,261. The business has a fifty day moving average of $1.57 and a 200 day moving average of $1.34. Guardforce AI has a 1-year low of $0.94 and a 1-year high of $4.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.36.

Institutional Investors Weigh In On Guardforce AI

Large investors have recently added to or reduced their stakes in the company. Millennium Management LLC acquired a new stake in Guardforce AI during the 4th quarter valued at $36,000. Squarepoint Ops LLC bought a new position in Guardforce AI during the 4th quarter valued at $27,000. Renaissance Technologies LLC boosted its stake in Guardforce AI by 305.5% during the 4th quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock valued at $138,000 after acquiring an additional 72,700 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Guardforce AI during the 4th quarter valued at $35,000. 2.04% of the stock is owned by institutional investors and hedge funds.

Guardforce AI Company Profile

Guardforce AI Co, Limited offers cash solutions and cash handling services in Thailand. The company operates through four segments: Secured Logistics Business, General Security Solutions, Robotics Solution Business, and Information Security Business. Its services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, consolidate cash center, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services.