T Stamp Inc. (NASDAQ:IDAI) Short Interest Up 50.5% in February

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 32,500 shares, an increase of 50.5% from the January 31st total of 21,600 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is currently 0.0 days.

T Stamp Trading Down 7.6 %

NASDAQ IDAI opened at $2.07 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market capitalization of $5.05 million, a P/E ratio of -0.15 and a beta of 0.29. The firm’s 50-day moving average is $5.07 and its two-hundred day moving average is $4.70. T Stamp has a 12 month low of $1.91 and a 12 month high of $22.50.

Hedge Funds Weigh In On T Stamp

A hedge fund recently raised its stake in T Stamp stock. Jane Street Group LLC raised its position in shares of T Stamp Inc. (NASDAQ:IDAI) by 156.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,288 shares of the company’s stock after buying an additional 23,348 shares during the period. Jane Street Group LLC owned about 1.74% of T Stamp worth $34,000 as of its most recent filing with the Securities & Exchange Commission. 16.34% of the stock is currently owned by hedge funds and other institutional investors.

About T Stamp

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.