Why Is Security First International Holdings (OTCMKTS:SCFR) Stock Up 40% In a Week?

On Wednesday Security First International Holdings Inc (OTCMKTS:SCFR) was one of the companies which had come into focus after it announced that it had launched the Short Intel-GPT portal. The portal is aimed at management teams of publicly listed companies who been targeted by short sellers so that the companies could make a contribution towards the resources of Short Intel-GPT.

Market Action

On Wednesday, SCFR stock ended flat at $0.1548 with more than 46.16K shares, compared to its average volume of 40.15K shares. The stock moved within a range of $0.1548 – 0.1548 after opening trade at $0.1100.

Security First International Holdings, Inc, launches Short Intel-GPT contributor portal for public company management teams

The portal would provide an interface so that the resources with regards to all the information could be collected and then prompts could be created for each scenario. As soon as the intelligence is verified and reviewed, it would be added to the portal’s resources and would become an actionable resource for management teams.

The aim of the portal is to bring management teams of those companies, who have been targets of short selling, together on to one platform. There are many companies who have been targets of short sellers who have gone public with their misgivings about companies and that had often led to a collapse of the stock price within a short period of time. The portal is a chat bot which is powered by artificial intelligence and had been created by the Chief Executive Officer and President of Security First International Holdings Brian Fowler.

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