T Stamp Inc. (NASDAQ:IDAI) Short Interest Up 129.3% in May

T Stamp Inc. (NASDAQ:IDAIGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 155,900 shares, an increase of 129.3% from the May 15th total of 68,000 shares. Based on an average daily trading volume, of 384,200 shares, the short-interest ratio is currently 0.4 days. Approximately 2.1% of the shares of the stock are short sold.

Institutional Trading of T Stamp

A hedge fund recently bought a new stake in T Stamp stock. Armistice Capital LLC bought a new position in T Stamp Inc. (NASDAQ:IDAIFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 754,000 shares of the company’s stock, valued at approximately $1,033,000. Armistice Capital LLC owned approximately 9.12% of T Stamp as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 16.34% of the company’s stock.

T Stamp Trading Down 3.1 %

Shares of NASDAQ:IDAI traded down $0.02 during trading on Thursday, reaching $0.54. The company’s stock had a trading volume of 106,898 shares, compared to its average volume of 329,055. The stock has a market capitalization of $5.67 million, a PE ratio of -0.57 and a beta of -0.65. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.61. The firm’s 50 day simple moving average is $0.74 and its two-hundred day simple moving average is $1.11. T Stamp has a 12 month low of $0.51 and a 12 month high of $3.50.

T Stamp (NASDAQ:IDAIGet Free Report) last issued its earnings results on Wednesday, May 15th. The company reported ($0.26) EPS for the quarter. T Stamp had a negative return on equity of 236.03% and a negative net margin of 166.15%. The company had revenue of $0.57 million during the quarter.

About T Stamp

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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.

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