T Stamp Inc. (NASDAQ:IDAI) Short Interest Down 52.1% in March

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 37,900 shares, a decrease of 52.1% from the February 28th total of 79,200 shares. Based on an average daily volume of 241,900 shares, the short-interest ratio is currently 0.2 days. Approximately 2.0% of the company’s stock are short sold.

T Stamp Stock Down 2.0 %

NASDAQ:IDAI traded down $0.04 during mid-day trading on Friday, reaching $1.98. The stock had a trading volume of 69,264 shares, compared to its average volume of 389,498. The company has a market capitalization of $4.83 million, a price-to-earnings ratio of -0.15 and a beta of 0.36. The stock’s 50 day simple moving average is $2.86 and its two-hundred day simple moving average is $4.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.60 and a quick ratio of 0.60. T Stamp has a 1-year low of $1.70 and a 1-year high of $18.75.

Institutional Investors Weigh In On T Stamp

An institutional investor recently raised its position in T Stamp stock. Geode Capital Management LLC lifted its stake in shares of T Stamp Inc. (NASDAQ:IDAI) by 69.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,661 shares of the company’s stock after purchasing an additional 61,246 shares during the period. Geode Capital Management LLC owned approximately 6.80% of T Stamp worth $132,000 at the end of the most recent quarter. 16.34% of the stock is currently owned by institutional investors and hedge funds.

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.