Guardforce AI Co., Limited (NASDAQ:GFAI) Short Interest Update

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 651,400 shares, a decline of 33.8% from the February 28th total of 983,600 shares. Approximately 3.7% of the company’s shares are short sold. Based on an average trading volume of 2,890,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GFAI. Millennium Management LLC acquired a new position in shares of Guardforce AI during the 4th quarter worth approximately $36,000. Squarepoint Ops LLC acquired a new stake in shares of Guardforce AI during the 4th quarter worth approximately $27,000. Renaissance Technologies LLC raised its holdings in shares of Guardforce AI by 305.5% during the 4th quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock worth $138,000 after buying an additional 72,700 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Guardforce AI during the 4th quarter worth $35,000. 2.04% of the stock is owned by institutional investors.

Guardforce AI Stock Down 3.7 %

Guardforce AI stock traded down $0.04 during mid-day trading on Monday, hitting $0.99. The stock had a trading volume of 598,425 shares, compared to its average volume of 1,015,957. Guardforce AI has a 12 month low of $0.94 and a 12 month high of $4.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.36. The stock has a 50-day simple moving average of $1.35 and a two-hundred day simple moving average of $1.33.

About Guardforce AI

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.