Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Up 173.2% in January

Palladyne AI Corp. (NASDAQ:PDYNW) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 22,223 shares, a growth of 173.2% from the January 15th total of 8,134 shares. Based on an average daily volume of 125,607 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 125,607 shares, the days-to-cover ratio is presently 0.2 days.

Palladyne AI Trading Down 2.3%

PDYNW stock traded down $0.00 during mid-day trading on Thursday, reaching $0.08. The company’s stock had a trading volume of 11,400 shares, compared to its average volume of 126,503. Palladyne AI has a 12 month low of $0.05 and a 12 month high of $0.60. The business’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.17.

Palladyne AI Company Profile

Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States. Its Artificial Intelligence (AI)/ Machine Learning (ML) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments. The company’s software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training.