Collective Audience, Inc. (NASDAQ:CAUD – Get Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 270,000 shares, a growth of 205.4% from the March 31st total of 88,400 shares. Based on an average daily trading volume, of 324,800 shares, the short-interest ratio is presently 0.8 days. Currently, 7.2% of the company’s stock are sold short.
Insider Activity at Collective Audience
In other news, major shareholder Abri Ventures I, Llc sold 600,000 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $0.55, for a total value of $330,000.00. Following the transaction, the insider now directly owns 1,013,078 shares of the company’s stock, valued at $557,192.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 58.00% of the stock is currently owned by corporate insiders.
Collective Audience Stock Down 11.4 %
Shares of CAUD traded down $0.05 during mid-day trading on Friday, reaching $0.39. The company had a trading volume of 383,403 shares, compared to its average volume of 300,573. Collective Audience has a 52-week low of $0.37 and a 52-week high of $38.40. The company has a 50 day moving average price of $0.75.
About Collective Audience
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