Guardforce AI Co., Limited (NASDAQ:GFAI) Sees Large Growth in Short Interest

Guardforce AI Co., Limited (NASDAQ:GFAI) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 273,200 shares, a growth of 77.2% from the October 31st total of 154,200 shares. Based on an average daily volume of 293,600 shares, the short-interest ratio is presently 0.9 days. Approximately 3.3% of the company’s stock are short sold.

Guardforce AI Trading Up 1.7 %

Shares of NASDAQ GFAI traded up $0.02 during mid-day trading on Thursday, hitting $1.22. The company had a trading volume of 430,574 shares, compared to its average volume of 290,150. The business’s 50-day simple moving average is $1.14 and its 200 day simple moving average is $1.73. Guardforce AI has a 1-year low of $1.00 and a 1-year high of $4.30. The company has a quick ratio of 3.36, a current ratio of 3.42 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

Separately, EF Hutton Acquisition Co. I upgraded shares of Guardforce AI to a “strong-buy” rating in a report on Tuesday, October 1st.

Guardforce AI Company Profile

Guardforce AI Co, Limited offers cash solutions and cash handling services in Thailand. The company operates through four segments: Secured Logistics Business, General Security Solutions, Robotics Solution Business, and Information Security Business. Its services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, consolidate cash center, and cheque center services, as well as cash deposit machine solutions, such as cash deposit management and express cash services.