Short Interest in Palladyne AI Corp. (NASDAQ:PDYNW) Grows By 89.0%

Palladyne AI Corp. (NASDAQ:PDYNW) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 4,453 shares, a growth of 89.0% from the December 15th total of 2,356 shares. Based on an average trading volume of 111,946 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 111,946 shares, the short-interest ratio is presently 0.0 days.

Palladyne AI Stock Performance

PDYNW traded up $0.01 on Thursday, hitting $0.10. 59,829 shares of the company were exchanged, compared to its average volume of 98,715. Palladyne AI has a 12 month low of $0.05 and a 12 month high of $0.69. The stock’s fifty day moving average is $0.10 and its 200-day moving average is $0.21.

About Palladyne AI

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.