Guardforce AI Co., Limited (NASDAQ:GFAI) Short Interest Down 27.7% in February

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 983,600 shares, a decline of 27.7% from the February 13th total of 1,360,000 shares. Based on an average trading volume of 3,230,000 shares, the short-interest ratio is presently 0.3 days. Approximately 5.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On Guardforce AI

Several institutional investors have recently modified their holdings of the company. Millennium Management LLC purchased a new stake in Guardforce AI in the fourth quarter worth approximately $36,000. Squarepoint Ops LLC purchased a new stake in shares of Guardforce AI in the 4th quarter valued at $27,000. Renaissance Technologies LLC grew 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 purchasing an additional 72,700 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Guardforce AI during the 4th quarter valued at $35,000. 2.04% of the stock is currently owned by institutional investors.

Guardforce AI Stock Down 4.4 %

NASDAQ:GFAI traded down $0.05 during midday trading on Tuesday, hitting $1.08. The company had a trading volume of 109,787 shares, compared to its average volume of 1,012,684. The company has a quick ratio of 3.36, a current ratio of 3.42 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $1.53 and its 200-day moving average price is $1.33. Guardforce AI has a 52-week low of $0.94 and a 52-week high of $4.30.

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.