Short Interest in authID Inc. (NASDAQ:AUID) Increases By 5.1%

authID Inc. (NASDAQ:AUID) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 352,900 shares, an increase of 5.1% from the October 15th total of 335,700 shares. Based on an average daily volume of 26,600 shares, the short-interest ratio is presently 13.3 days. Currently, 3.8% of the shares of the stock are sold short.

authID Trading Up 0.6 %

AUID stock opened at $6.88 on Monday. The business’s 50-day moving average is $7.22 and its 200 day moving average is $8.19. authID has a 12-month low of $5.36 and a 12-month high of $13.63.

Insider Buying and Selling at authID

In other news, CTO Thomas Robert Szoke sold 5,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $8.30, for a total transaction of $41,500.00. Following the completion of the sale, the chief technology officer now owns 28,653 shares of the company’s stock, valued at $237,819.90. The trade was a 14.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 15,740 shares of company stock valued at $127,690. Company insiders own 6.60% of the company’s stock.

Institutional Trading of authID

An institutional investor recently bought a new position in authID stock. Brighton Jones LLC acquired a new stake in authID Inc. (NASDAQ:AUID) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,392 shares of the company’s stock, valued at approximately $191,000. Brighton Jones LLC owned approximately 0.19% of authID as of its most recent filing with the Securities and Exchange Commission. 8.83% of the stock is currently owned by institutional investors.

authID Company Profile

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.