Short Interest in T Stamp Inc. (NASDAQ:IDAI) Decreases By 76.8%

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a large drop in short interest in 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. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is currently 0.1 days.

T Stamp Price Performance

IDAI traded down $0.25 during midday trading on Tuesday, reaching $3.97. 56,580 shares of the company’s stock were exchanged, compared to its average volume of 278,384. 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 business’s 50-day moving average price is $6.85 and its 200 day moving average price is $5.26. T Stamp has a 1-year low of $2.24 and a 1-year high of $37.50. The stock has a market capitalization of $7.38 million, a PE ratio of -0.29 and a beta of 0.44.

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.