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

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 651,400 shares, a drop of 33.8% from the February 28th total of 983,600 shares. Currently, 3.7% of the shares of the stock are sold short. Based on an average daily volume of 2,890,000 shares, the short-interest ratio is currently 0.2 days.

Guardforce AI Stock Performance

Shares of NASDAQ GFAI traded down $0.04 during midday trading on Friday, reaching $1.03. The company’s stock had a trading volume of 499,158 shares, compared to its average volume of 1,017,627. Guardforce AI has a one year low of $0.94 and a one year high of $4.20. The company has a 50 day moving average price of $1.35 and a 200 day moving average price of $1.33. The company has a quick ratio of 3.36, a current ratio of 3.42 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Squarepoint Ops LLC acquired a new position in shares of Guardforce AI in the 4th quarter worth $27,000. Millennium Management LLC acquired a new position in shares of Guardforce AI in the 4th quarter valued at $36,000. Renaissance Technologies LLC increased its stake in Guardforce AI by 305.5% in the 4th quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock worth $138,000 after purchasing an additional 72,700 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Guardforce AI during the 4th quarter worth about $35,000. Institutional investors own 2.04% of the company’s stock.

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.