Guardforce AI Co., Limited (NASDAQ:GFAI) Sees Significant Growth in Short Interest

Guardforce AI Co., Limited (NASDAQ:GFAIGet Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 556,200 shares, an increase of 21.9% from the August 15th total of 456,300 shares. Based on an average daily volume of 243,800 shares, the short-interest ratio is presently 2.3 days. Approximately 6.7% of the shares of the stock are short sold.

Guardforce AI Trading Up 4.3 %

NASDAQ GFAI traded up $0.05 during trading on Friday, hitting $1.20. The company had a trading volume of 232,728 shares, compared to its average volume of 294,671. Guardforce AI has a one year low of $1.03 and a one year high of $4.76. The company has a quick ratio of 2.19, a current ratio of 2.22 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average is $1.69 and its 200-day moving average is $2.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Guardforce AI stock. Murchinson Ltd. purchased a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAIFree Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 27,700 shares of the company’s stock, valued at approximately $102,000. Murchinson Ltd. owned approximately 0.28% of Guardforce AI at the end of the most recent quarter. 2.04% of the stock is currently owned by institutional investors.

About Guardforce AI

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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.

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