Guardforce AI Co., Limited (NASDAQ:GFAI) Sees Significant Increase in Short Interest

Guardforce AI Co., Limited (NASDAQ:GFAI) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,555,315 shares, an increase of 192.8% from the February 12th total of 531,187 shares. Based on an average daily volume of 11,450,428 shares, the short-interest ratio is currently 0.1 days. Approximately 31.7% of the shares of the company are short sold. Approximately 31.7% of the shares of the company are short sold. Based on an average daily volume of 11,450,428 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Guardforce AI

A hedge fund recently bought a new stake in Guardforce AI stock. Virtu Financial LLC acquired a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 78,058 shares of the company’s stock, valued at approximately $86,000. Virtu Financial LLC owned approximately 0.44% of Guardforce AI at the end of the most recent quarter. 2.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GFAI shares. Wall Street Zen lowered Guardforce AI from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of Guardforce AI in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Guardforce AI presently has an average rating of “Hold” and a consensus target price of $4.50.

Guardforce AI Trading Down 3.1%

Shares of NASDAQ:GFAI opened at $0.57 on Wednesday. Guardforce AI has a fifty-two week low of $0.38 and a fifty-two week high of $1.50. The company has a quick ratio of 5.22, a current ratio of 5.26 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average of $0.55 and a two-hundred day moving average of $0.82.

Guardforce AI announced that its board has authorized a stock buyback plan on Friday, February 20th that authorizes the company to repurchase $5.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 55.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

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.