T Stamp Inc. (NASDAQ:IDAI) Short Interest Up 165.7% in March

by · The Cerbat Gem

T Stamp Inc. (NASDAQ:IDAI – Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 100,700 shares, a growth of 165.7% from the March 15th total of 37,900 shares. Based on an average daily volume of 118,900 shares, the days-to-cover ratio is currently 0.8 days. Currently, 5.2% of the shares of the stock are sold short.

T Stamp Trading Up 0.6 %

Shares of IDAI traded up $0.01 during trading hours on Tuesday, hitting $1.55. 65,345 shares of the stock traded hands, compared to its average volume of 390,073. The business has a fifty day moving average of $2.25 and a 200-day moving average of $4.13. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.18. T Stamp has a 1-year low of $1.48 and a 1-year high of $18.75. The firm has a market capitalization of $3.85 million, a PE ratio of -0.11 and a beta of 0.47.

Institutional Investors Weigh In On T Stamp

A hedge fund recently raised its stake in T Stamp stock. Jane Street Group LLC raised its holdings in shares of T Stamp Inc. (NASDAQ:IDAI – Free Report) by 156.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,288 shares of the company’s stock after purchasing an additional 23,348 shares during the quarter. Jane Street Group LLC owned approximately 1.74% of T Stamp worth $34,000 at the end of the most recent reporting period. Institutional investors own 16.34% of the company’s stock.

T Stamp Company Profile

(Get Free Report)

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.

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