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

Guardforce AI Co., Limited (NASDAQ:GFAI) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 1,240,000 shares, a drop of 9.5% from the January 15th total of 1,370,000 shares. Approximately 8.5% of the shares of the stock are sold short. Based on an average daily volume of 3,130,000 shares, the days-to-cover ratio is presently 0.4 days.

Guardforce AI Trading Down 3.7 %

Shares of GFAI stock opened at $1.56 on Tuesday. The stock’s fifty day moving average price is $1.65 and its two-hundred day moving average price is $1.38. Guardforce AI has a fifty-two week low of $0.94 and a fifty-two week high of $4.30. 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 Investors Weigh In On Guardforce AI

A number of large investors have recently modified their holdings of the business. Millennium Management LLC acquired a new stake in shares of Guardforce AI during the 4th quarter valued at $36,000. Squarepoint Ops LLC acquired a new stake in shares of Guardforce AI during the 4th quarter valued at $27,000. Renaissance Technologies LLC boosted its holdings in shares of Guardforce AI by 305.5% during the 4th quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock valued at $138,000 after acquiring an additional 72,700 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Guardforce AI during the 4th quarter valued at $35,000. Institutional investors and hedge funds 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.