Short Interest in Luda Technology Group Limited (NYSEAMERICAN:LUD) Expands By 72.0%

Luda Technology Group Limited (NYSEAMERICAN:LUD) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,575 shares, a growth of 72.0% from the July 30th total of 8,473 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 11,563 shares, the days-to-cover ratio is currently 1.3 days.

Luda Technology Group Stock Performance

Shares of LUD stock traded down $0.03 during trading on Monday, reaching $4.27. The company’s stock had a trading volume of 1,251 shares, compared to its average volume of 79,341. Luda Technology Group has a 1-year low of $2.90 and a 1-year high of $24.20. The stock’s 50-day moving average price is $4.41 and its 200 day moving average price is $4.89. The company has a current ratio of 1.63, a quick ratio of 1.43 and a debt-to-equity ratio of 0.08.

About Luda Technology Group

Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.