Short Interest in Guardforce AI Co., Limited (NASDAQ:GFAI) Expands By 443.2%

Guardforce AI Co., Limited (NASDAQ:GFAI) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 656,700 shares, a growth of 443.2% from the December 15th total of 120,900 shares. Approximately 7.9% of the company’s shares are short sold. Based on an average daily volume of 2,420,000 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, EF Hutton Acquisition Co. I raised Guardforce AI to a “strong-buy” rating in a research note on Tuesday, October 1st.

Guardforce AI Trading Down 4.5 %

Shares of NASDAQ:GFAI traded down $0.09 during trading on Wednesday, hitting $1.92. The company had a trading volume of 3,320,357 shares, compared to its average volume of 12,426,242. Guardforce AI has a one year low of $0.94 and a one year high of $4.30. The company has a fifty day simple moving average of $1.42 and a two-hundred day simple moving average of $1.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.36.

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.