T Stamp Inc. (NASDAQ:IDAI) Short Interest Update

by · The Cerbat Gem

T Stamp Inc. (NASDAQ:IDAI – Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 273,612 shares, an increase of 48.6% from the January 29th total of 184,136 shares. Based on an average trading volume of 92,659 shares, the days-to-cover ratio is presently 3.0 days. Currently, 5.3% of the company’s stock are sold short. Currently, 5.3% of the company’s stock are sold short. Based on an average trading volume of 92,659 shares, the days-to-cover ratio is presently 3.0 days.

T Stamp Price Performance

Shares of T Stamp stock traded up $0.01 on Tuesday, hitting $2.50. The company had a trading volume of 5,080 shares, compared to its average volume of 95,379. T Stamp has a 52 week low of $1.43 and a 52 week high of $5.28. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.98. The company has a market cap of $13.10 million, a PE ratio of -1.09 and a beta of 0.74. The business has a 50-day simple moving average of $3.48 and a 200-day simple moving average of $3.57.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of T Stamp from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Buy rating, According to MarketBeat, T Stamp presently has an average rating of “Buy” and an average target price of $12.00.

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Hedge Funds Weigh In On T Stamp

Institutional investors and hedge funds have recently bought and sold shares of the business. Potomac Capital Management Inc. bought a new position in shares of T Stamp in the fourth quarter valued at approximately $754,000. Argentarii LLC bought a new position in T Stamp in the 3rd quarter worth $246,000. Jane Street Group LLC bought a new position in T Stamp in the 4th quarter worth $220,000. Kestra Advisory Services LLC acquired a new position in T Stamp during the 4th quarter worth $204,000. Finally, Geode Capital Management LLC boosted its holdings in T Stamp by 67.7% during the fourth quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock valued at $127,000 after acquiring an additional 13,125 shares during the period. Hedge funds and other institutional investors own 16.34% of the company’s stock.

About T Stamp

(Get Free Report)

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.

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