Auddia Inc. (NASDAQ:AUUD) Short Interest Up 319.9% in April

Auddia Inc. (NASDAQ:AUUD) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 231,800 shares, an increase of 319.9% from the March 31st total of 55,200 shares. Based on an average daily trading volume, of 3,000,000 shares, the short-interest ratio is currently 0.1 days. Currently, 40.1% of the company’s shares are short sold.

Auddia Stock Down 4.0 %

Shares of NASDAQ:AUUD opened at $1.68 on Friday. The stock has a market cap of $4.02 million, a price-to-earnings ratio of -0.12 and a beta of 0.75. The business’s 50 day moving average is $2.76 and its 200 day moving average is $4.81. Auddia has a 12-month low of $1.41 and a 12-month high of $38.50.

About Auddia

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform; and Podcast Hub, a content management system.