T Stamp Inc. (NASDAQ:IDAI) Short Interest Down 52.1% in March

T Stamp Inc. (NASDAQ:IDAI) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 37,900 shares, a decrease of 52.1% from the February 28th total of 79,200 shares. Based on an average trading volume of 241,900 shares, the short-interest ratio is currently 0.2 days. Currently, 2.0% of the shares of the company are sold short.

T Stamp Stock Performance

IDAI stock traded down $0.04 during midday trading on Friday, reaching $1.98. The stock had a trading volume of 69,264 shares, compared to its average volume of 389,498. T Stamp has a 52-week low of $1.70 and a 52-week high of $18.75. The stock has a market cap of $4.83 million, a PE ratio of -0.15 and a beta of 0.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a fifty day simple moving average of $2.86 and a two-hundred day simple moving average of $4.29.

Institutional Investors Weigh In On T Stamp

A hedge fund recently raised its stake in T Stamp stock. Jane Street Group LLC boosted its holdings in shares of T Stamp Inc. (NASDAQ:IDAI) by 156.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,288 shares of the company’s stock after purchasing an additional 23,348 shares during the quarter. Jane Street Group LLC owned approximately 1.74% of T Stamp worth $34,000 at the end of the most recent reporting period. 16.34% of the stock is currently owned by institutional investors.

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.