T Stamp Inc. (NASDAQ:IDAI) Sees Significant Drop in Short Interest

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 138,800 shares, a drop of 76.8% from the December 31st total of 598,400 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is currently 0.1 days.

T Stamp Trading Down 1.8 %

IDAI traded down $0.07 during trading hours on Wednesday, reaching $3.90. The company’s stock had a trading volume of 74,633 shares, compared to its average volume of 267,058. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market cap of $7.25 million, a PE ratio of -0.29 and a beta of 0.44. The business’s 50-day moving average is $6.88 and its 200-day moving average is $5.25. T Stamp has a fifty-two week low of $2.24 and a fifty-two week high of $37.50.

About T Stamp

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.