T Stamp Inc. (NASDAQ:IDAI) Short Interest Update

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 37,900 shares, a decrease of 52.1% from the February 28th total of 79,200 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily trading volume, of 241,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in T Stamp stock. Geode Capital Management LLC boosted its holdings in T Stamp Inc. (NASDAQ:IDAI) by 69.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 149,661 shares of the company’s stock after purchasing an additional 61,246 shares during the quarter. Geode Capital Management LLC owned about 6.80% of T Stamp worth $132,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 16.34% of the company’s stock.

T Stamp Stock Down 2.0 %

T Stamp stock traded down $0.04 during trading on Friday, reaching $1.98. The stock had a trading volume of 69,264 shares, compared to its average volume of 389,498. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average price of $2.86 and a 200 day moving average price of $4.29. The stock has a market cap of $4.83 million, a PE ratio of -0.15 and a beta of 0.36. T Stamp has a 52-week low of $1.70 and a 52-week high of $18.75.

T Stamp Company Profile

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.