T Stamp Inc. (NASDAQ:IDAI) Stock Short Interest Report for October

T Stamp Inc. (NASDAQ:IDAI) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 206,401 shares, an increase of 153.4% from the September 30th total of 81,447 shares. Based on an average daily volume of 46,122 shares, the short-interest ratio is presently 4.5 days. Approximately 3.8% of the shares of the stock are sold short.

T Stamp Trading Down 1.4%

T Stamp stock traded down $0.04 during trading hours on Friday, hitting $2.82. The stock had a trading volume of 59,921 shares, compared to its average volume of 47,394. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.28. T Stamp has a one year low of $1.17 and a one year high of $5.28. The stock has a market cap of $16.03 million, a price-to-earnings ratio of -1.40 and a beta of 0.71. The business’s 50 day simple moving average is $3.02 and its 200-day simple moving average is $2.67.

T Stamp (NASDAQ:IDAI) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.14). The business had revenue of $0.90 million during the quarter, compared to analyst estimates of $0.90 million. T Stamp had a negative net margin of 272.78% and a negative return on equity of 137.70%. On average, equities analysts predict that T Stamp will post -1.39 EPS for the current fiscal year.

Insider Transactions at T Stamp

In related news, CEO Gareth Genner purchased 9,394 shares of T Stamp stock in a transaction dated Thursday, August 20th. The shares were bought at an average cost of $3.04 per share, for a total transaction of $28,557.76. Following the purchase, the chief executive officer owned 150,075 shares in the company, valued at approximately $456,228. This trade represents a 6.68% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought a total of 20,927 shares of company stock valued at $60,325 in the last quarter. Insiders own 4.48% of the company’s stock.

Institutional Trading of T Stamp

A hedge fund recently bought a new position in T Stamp stock. Dimensional Fund Advisors LP acquired a new position in T Stamp Inc. (NASDAQ:IDAI) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,300 shares of the company’s stock, valued at approximately $44,000. Dimensional Fund Advisors LP owned 0.35% of T Stamp as of its most recent filing with the Securities & Exchange Commission. 16.34% of the stock is currently owned by hedge funds and other institutional investors.

T Stamp Company Profile

T Stamp Inc, doing business as Trust Stamp, is an artificial intelligence and identity services company that develops privacy-focused technologies for identity verification, authentication and fraud prevention. Its platform is designed to help organizations establish trust in digital interactions while limiting the exposure of sensitive personal information.

The company provides biometric identity solutions, including facial recognition, identity matching, document verification and liveness detection.