Short Interest in T Stamp Inc. (NASDAQ:IDAI) Grows By 57.5%

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

Institutional Investors Weigh In On T Stamp

A hedge fund recently bought a new stake in T Stamp stock. Armistice Capital LLC purchased a new position in T Stamp Inc. (NASDAQ:IDAI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 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 stock.

T Stamp Trading Up 5.0 %

NASDAQ IDAI opened at $0.22 on Friday. The firm’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 capitalization of $2.37 million, a price-to-earnings ratio of -0.24 and a beta of -0.69.

T Stamp (NASDAQ:IDAI) 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

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.