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

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

Institutional Investors Weigh In On T Stamp

An institutional investor recently bought a new position in T Stamp stock. Armistice Capital LLC bought a new position in shares of T Stamp Inc. (NASDAQ:IDAI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 754,000 shares of the company’s stock, valued at approximately $1,033,000. Armistice Capital LLC owned 9.12% of T Stamp as of its most recent filing with the SEC. Hedge funds and other institutional investors own 16.34% of the company’s stock.

T Stamp Price Performance

Shares of NASDAQ IDAI opened at $0.22 on Friday. The firm has a market cap of $2.37 million, a PE ratio of -0.24 and a beta of -0.69. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.05. T Stamp has a 1-year low of $0.19 and a 1-year high of $2.50. The company has a fifty day moving average price of $0.34 and a 200 day moving average price of $0.58.

T Stamp (NASDAQ:IDAI) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.21) EPS for the quarter. T Stamp had a negative return on equity of 309.35% and a negative net margin of 173.85%. The business had revenue of $0.50 million for the quarter.

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.