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

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,555,315 shares, an increase of 192.8% from the February 12th total of 531,187 shares. Based on an average daily volume of 11,450,428 shares, the short-interest ratio is presently 0.1 days. Currently, 31.7% of the shares of the stock are sold short. Currently, 31.7% of the shares of the stock are sold short. Based on an average daily volume of 11,450,428 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

GFAI has been the subject of several research analyst reports. Wall Street Zen downgraded Guardforce AI from a “hold” rating to a “sell” rating in a research note on Sunday, November 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of Guardforce AI in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $4.50.

Guardforce AI Price Performance

Guardforce AI stock traded down $0.01 during midday trading on Friday, reaching $0.53. The company had a trading volume of 169,330 shares, compared to its average volume of 2,697,587. The company has a current ratio of 5.26, a quick ratio of 5.22 and a debt-to-equity ratio of 0.01. Guardforce AI has a 12-month low of $0.38 and a 12-month high of $1.50. The firm’s fifty day simple moving average is $0.55 and its 200-day simple moving average is $0.82.

Guardforce AI declared that its Board of Directors has approved a share repurchase plan on Friday, February 20th that permits the company to buyback $5.00 million in shares. This buyback authorization permits the company to buy up to 55.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Guardforce AI

An institutional investor recently raised its position in Guardforce AI stock. Renaissance Technologies LLC boosted its position in Guardforce AI Co., Limited (NASDAQ:GFAI) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 347,700 shares of the company’s stock after purchasing an additional 71,800 shares during the quarter. Renaissance Technologies LLC owned about 1.65% of Guardforce AI worth $194,000 at the end of the most recent reporting period. 2.04% of the stock is currently owned by institutional investors.

Guardforce AI Company Profile

Guardforce AI Limited (NASDAQ:GFAI) is a developer of AI-powered robotics and automation solutions for security, health and service applications. Its offerings include autonomous patrol robots equipped with advanced computer vision and sensor fusion capabilities, disinfection robots utilizing UV and spray systems, and last-mile delivery units, all coordinated through a proprietary cloud-based management platform. These integrated solutions enable clients to enhance physical security, improve hygiene standards and optimize operational efficiency.

Established in 2021 and publicly listed on the Nasdaq stock exchange, Guardforce AI leverages its engineering expertise in machine learning algorithms and real-time analytics to meet the evolving needs of industries such as manufacturing, logistics, retail, healthcare and public infrastructure.