Short Interest in Ipsidy Inc. (OTCMKTS:IDTY) Drops By 51.7%

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Ipsidy Inc. (OTCMKTS:IDTY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 2,900 shares, a decline of 51.7% from the December 15th total of 6,000 shares. Based on an average daily volume of 352,300 shares, the short-interest ratio is currently 0.0 days.

IDTY remained flat at $$0.18 during trading on Wednesday. 292,692 shares of the company’s stock were exchanged, compared to its average volume of 609,560. Ipsidy has a 1 year low of $0.02 and a 1 year high of $0.20. The company’s 50 day moving average price is $0.15 and its two-hundred day moving average price is $0.13.

About Ipsidy

Ipsidy Inc operates an Identity as a Service platform that delivers a suite of secure, mobile, and biometric identity solutions worldwide. It develops an identity transaction platform for businesses, residences, governments, or other organizations to enable their users to verify and authenticate their identity through a mobile phone or portable device.

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