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

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 1,023,442 shares, a growth of 117.8% from the May 31st total of 469,942 shares. Approximately 18.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,423,819 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Guardforce AI stock. Virtu Financial LLC acquired a new stake in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. 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 as of its most recent SEC filing. 2.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GFAI has been the topic of several analyst reports. Wall Street Zen upgraded shares of Guardforce AI from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded Guardforce AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Guardforce AI Stock Performance

Shares of NASDAQ GFAI opened at $0.40 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.32 and a quick ratio of 5.31. Guardforce AI has a 12 month low of $0.35 and a 12 month high of $1.50. The stock has a 50-day moving average price of $0.48 and a two-hundred day moving average price of $0.54.

Guardforce AI (NASDAQ:GFAI) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $8.51 million for the quarter.

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.