authID Inc. (NASDAQ:AUID) Short Interest Up 5.1% in October

authID Inc. (NASDAQ:AUID) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 352,900 shares, an increase of 5.1% from the October 15th total of 335,700 shares. Currently, 3.8% of the company’s stock are short sold. Based on an average daily trading volume, of 26,600 shares, the short-interest ratio is currently 13.3 days.

authID Price Performance

NASDAQ AUID opened at $6.81 on Tuesday. authID has a one year low of $5.36 and a one year high of $13.63. The business has a fifty day moving average price of $7.22 and a 200 day moving average price of $8.20.

Insider Activity

In other authID news, CTO Thomas Robert Szoke sold 9,506 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $8.02, for a total transaction of $76,238.12. Following the sale, the chief technology officer now owns 36,119 shares in the company, valued at approximately $289,674.38. The trade was a 20.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 17,240 shares of company stock worth $138,055. Company insiders own 6.60% of the company’s stock.

Institutional Trading of authID

A hedge fund recently bought a new stake in authID stock. Brighton Jones LLC acquired a new stake in authID Inc. (NASDAQ:AUID) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,392 shares of the company’s stock, valued at approximately $191,000. Brighton Jones LLC owned approximately 0.19% of authID at the end of the most recent quarter. Institutional investors and hedge funds own 8.83% of the company’s stock.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.