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

Guardforce AI Co., Limited (NASDAQ:GFAI) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 506,500 shares, a decline of 6.0% from the May 31st total of 538,900 shares. Based on an average trading volume of 145,100 shares, the short-interest ratio is currently 3.5 days. Approximately 6.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Guardforce AI

A hedge fund recently bought a new stake in Guardforce AI stock. Murchinson Ltd. acquired a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 27,700 shares of the company’s stock, valued at approximately $102,000. Murchinson Ltd. owned about 0.28% of Guardforce AI as of its most recent filing with the SEC. Institutional investors own 2.04% of the company’s stock.

Guardforce AI Stock Down 0.9 %

GFAI opened at $2.22 on Thursday. The business has a 50 day moving average price of $2.67 and a two-hundred day moving average price of $2.97. Guardforce AI has a 52 week low of $2.04 and a 52 week high of $9.90. The company has a quick ratio of 2.19, a current ratio of 2.22 and a debt-to-equity ratio of 0.01.

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.