Short Interest in Guardforce AI Co., Limited (NASDAQ:GFAI) Declines By 33.8%

Posted by Amy Steele on Mar 29th, 2025

Guardforce AI Co., Limited (NASDAQ:GFAI – Get Free Report) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 651,400 shares, a decline of 33.8% from the February 28th total of 983,600 shares. Based on an average daily volume of 2,890,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 3.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GFAI. Renaissance Technologies LLC increased its stake in shares of Guardforce AI by 305.5% in the 4th quarter. Renaissance Technologies LLC now owns 96,500 shares of the company’s stock worth $138,000 after purchasing an additional 72,700 shares in the last quarter. Millennium Management LLC bought a new position in shares of Guardforce AI in the fourth quarter worth about $36,000. Virtu Financial LLC purchased a new position in shares of Guardforce AI during the 4th quarter valued at about $35,000. Finally, Squarepoint Ops LLC bought a new position in shares of Guardforce AI during the 4th quarter valued at approximately $27,000. 2.04% of the stock is currently owned by institutional investors.

Guardforce AI Stock Performance

Shares of NASDAQ:GFAI traded down $0.04 during trading on Friday, hitting $1.03. The company’s stock had a trading volume of 499,158 shares, compared to its average volume of 1,017,627. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 3.36. The company has a 50-day moving average of $1.35 and a 200-day moving average of $1.33. Guardforce AI has a 12 month low of $0.94 and a 12 month high of $4.20.

Guardforce AI Company Profile

(Get Free Report)

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.