Short interest at T Stamp Inc. (NASDAQ:IDAI) up 57.5%

T Stamp Inc. (NASDAQ:IDAI – Get Free Report ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 47,400 shares, up 57.5% from August 31st’s total of 30,100 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional investors are weighing in on the T stamp

A hedge fund recently bought a new stake in shares of T Stamp. Armistice Capital LLC purchased a new position in T Stamp Inc. (NASDAQ:IDAI – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 754,000 shares of the company’s stock, valued at approximately $1,033,000. Armistice Capital LLC owned 9.12% of T Stamp at the end of the most recent reporting period. Institutional investors own 16.34% of the company’s shares.

T stamp trading up 5.0%

NASDAQ IDAI opened at $0.22 on Friday. The company’s fifty-day moving average price is $0.34 and its 200-day moving average price is $0.58. T Stamp has a 12 month low of $0.19 and a 12 month high of $2.50. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.64, and a quick ratio of 0.64. The company has a market cap of $2.37 million, a price-to-earnings ratio of -0.24 and a beta of -0.69.

T Stamp (NASDAQ:IDAI – Get Your Free Report ) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.21) earnings per share (EPS) for the quarter. T Stamp had a negative return on equity of 309.35% and a negative net margin of 173.85%. The firm had revenue of $0.50 million for the quarter.

T Stamp Company Profile

(Get a free report)

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners and peer-to-peer marketplaces worldwide. Develops proprietary AI-based solutions by researching and leveraging machine learning, artificial intelligence, biometrics, cryptography, and data mining to deliver insightful predictions about identity and trust that identify and protect against fraudulent identity attacks, protect sensitive user information, and expand coverage of digital services through global accessibility.

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