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

Guardforce AI Co., Limited (NASDAQ:GFAI) was the target of a large 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. Approximately 18.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,423,819 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Guardforce AI stock. Virtu Financial LLC bought a new position in shares of Guardforce AI Co., Limited (NASDAQ:GFAI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 78,058 shares of the company’s stock, valued at approximately $86,000. Virtu Financial LLC owned 0.44% of Guardforce AI at the end of the most recent quarter. 2.04% of the stock is currently owned by institutional investors.

Guardforce AI Stock Performance

Shares of Guardforce AI stock opened at $0.40 on Thursday. Guardforce AI has a 1-year low of $0.35 and a 1-year high of $1.50. The company’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $0.53. 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 (NASDAQ:GFAI) last released its earnings results on Wednesday, April 22nd. The company reported ($0.10) earnings per share 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.