Short Interest in Guardforce AI Co., Limited (NASDAQ:GFAI) Increases By 192.8%

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 1,555,315 shares, a growth 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 stock are short sold. Approximately 31.7% of the shares of the stock are short sold. Based on an average daily volume of 11,450,428 shares, the short-interest ratio is currently 0.1 days.

Guardforce AI Stock Performance

NASDAQ GFAI opened at $0.57 on Wednesday. Guardforce AI has a 52-week low of $0.38 and a 52-week high of $1.50. The firm has a 50-day moving average of $0.55 and a 200-day moving average of $0.82. 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 declared that its board has approved a stock buyback plan on Friday, February 20th that allows the company to repurchase $5.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 55.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Wall Street Zen downgraded Guardforce AI from a “hold” rating to a “sell” rating in a research note on Sunday, November 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Guardforce AI in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Guardforce AI currently has a consensus rating of “Hold” and an average target price of $4.50.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Guardforce AI stock. Virtu Financial LLC acquired a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 hedge funds and other institutional investors.

About Guardforce AI

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.