Short Interest in Luda Technology Group Limited (NYSEAMERICAN:LUD) Decreases By 74.8%

Luda Technology Group Limited (NYSEAMERICAN:LUD) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 13,132 shares, a decrease of 74.8% from the June 15th total of 52,103 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 36,189 shares, the short-interest ratio is presently 0.4 days.

Luda Technology Group Stock Down 0.4%

Shares of NYSEAMERICAN:LUD traded down $0.02 during trading on Friday, hitting $4.45. 4,894 shares of the company’s stock were exchanged, compared to its average volume of 33,797. Luda Technology Group has a 52-week low of $2.90 and a 52-week high of $24.20. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.43 and a current ratio of 1.63. The business’s 50-day simple moving average is $5.14 and its 200 day simple moving average is $5.76.

Luda Technology Group (NYSEAMERICAN:LUD) last announced its quarterly earnings results on Saturday, May 16th. The company reported $0.03 EPS for the quarter. The company had revenue of $8.20 million during the quarter.

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.