Short Interest in Guardforce AI Co., Limited (NASDAQ:GFAI) Expands By 117.8%

Guardforce AI Co., Limited (NASDAQ:GFAI) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,023,442 shares, an increase of 117.8% from the May 31st total of 469,942 shares. Currently, 18.0% of the company’s shares are sold short. Based on an average daily volume of 2,423,819 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Guardforce AI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of Guardforce AI from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On Guardforce AI

A hedge fund recently raised its position in Guardforce AI stock. Renaissance Technologies LLC lifted its position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) by 26.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,700 shares of the company’s stock after buying an additional 71,800 shares during the quarter. Renaissance Technologies LLC owned about 1.65% of Guardforce AI worth $194,000 at the end of the most recent reporting period. 2.04% of the stock is currently owned by institutional investors.

Guardforce AI Trading Down 0.7%

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

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