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

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC acquired a new stake in shares of Guardforce AI during the 4th quarter worth approximately $35,000. Renaissance Technologies LLC grew its position in Guardforce AI by 305.5% during the fourth quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock valued at $138,000 after buying an additional 72,700 shares during the period. Finally, Millennium Management LLC purchased a new position in Guardforce AI in the fourth quarter valued at $36,000. 2.04% of the stock is currently owned by hedge funds and other institutional investors.

Guardforce AI Trading Down 3.7 %

Shares of NASDAQ GFAI traded down $0.06 during trading on Monday, reaching $1.56. 876,484 shares of the company traded hands, compared to its average volume of 2,405,015. The firm’s fifty day simple moving average is $1.65 and its 200 day simple moving average is $1.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.36 and a current ratio of 3.42. Guardforce AI has a 12-month low of $0.94 and a 12-month high of $4.30.

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.