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

T Stamp Inc. (NASDAQ:IDAI) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 598,400 shares, a decline of 86.3% from the November 30th total of 4,380,000 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily volume of 17,110,000 shares, the days-to-cover ratio is currently 0.0 days.

T Stamp Price Performance

NASDAQ:IDAI traded up $0.09 during trading hours on Thursday, reaching $0.54. 8,396,061 shares of the company’s stock were exchanged, compared to its average volume of 5,069,716. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $13.62 million, a P/E ratio of -0.60 and a beta of 0.57. T Stamp has a 12 month low of $0.15 and a 12 month high of $2.50. The business’s 50-day simple moving average is $0.33 and its two-hundred day simple moving average is $0.35.

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.