Guardforce AI Co., Limited (NASDAQ:GFAI) Sees Large Growth in Short Interest
by Teresa Graham · The Cerbat GemGuardforce AI Co., Limited (NASDAQ:GFAI – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 462,804 shares, an increase of 64.6% from the November 30th total of 281,217 shares. Currently, 11.2% of the company’s stock are short sold. Based on an average daily volume of 412,875 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 412,875 shares, the days-to-cover ratio is presently 1.1 days. Currently, 11.2% of the company’s stock are short sold.
Hedge Funds Weigh In On Guardforce AI
An institutional investor recently bought a new position in Guardforce AI stock. Virtu Financial LLC purchased a new stake in Guardforce AI Co., Limited (NASDAQ:GFAI – Free Report) during the third quarter, according to its most recent filing with the SEC. The fund purchased 78,058 shares of the company’s stock, valued at approximately $86,000. Virtu Financial LLC owned about 0.44% of Guardforce AI as of its most recent filing with the SEC. Institutional investors own 2.04% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on GFAI. Wall Street Zen cut Guardforce AI from a “hold” rating to a “sell” rating in a research report on Sunday, November 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Guardforce AI in a research note on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4.50.
Check Out Our Latest Stock Analysis on GFAI
Guardforce AI Stock Up 4.0%
Shares of NASDAQ:GFAI traded up $0.02 during trading on Tuesday, hitting $0.61. 318,299 shares of the company’s stock were exchanged, compared to its average volume of 1,008,068. The business’s 50-day simple moving average is $0.84 and its 200 day simple moving average is $1.05. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.22 and a current ratio of 5.26. Guardforce AI has a 52-week low of $0.57 and a 52-week high of $3.88.
Guardforce AI Company Profile
Guardforce AI Limited (NASDAQ:GFAI) is a developer of AI-powered robotics and automation solutions for security, health and service applications. Its offerings include autonomous patrol robots equipped with advanced computer vision and sensor fusion capabilities, disinfection robots utilizing UV and spray systems, and last-mile delivery units, all coordinated through a proprietary cloud-based management platform. These integrated solutions enable clients to enhance physical security, improve hygiene standards and optimize operational efficiency.
Established in 2021 and publicly listed on the Nasdaq stock exchange, Guardforce AI leverages its engineering expertise in machine learning algorithms and real-time analytics to meet the evolving needs of industries such as manufacturing, logistics, retail, healthcare and public infrastructure.