Palladyne AI Corp. (NASDAQ:PDYNW – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 7,400 shares, a drop of 72.6% from the September 15th total of 27,000 shares. Based on an average daily trading volume, of 107,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 107,800 shares, the days-to-cover ratio is currently 0.1 days.
Palladyne AI Stock Down 1.7%
Shares of PDYNW stock opened at $0.23 on Friday. The stock has a 50-day simple moving average of $0.23 and a 200 day simple moving average of $0.29. Palladyne AI has a fifty-two week low of $0.02 and a fifty-two week high of $1.69.
Palladyne AI (NASDAQ:PDYNW – Get Free Report) last announced its earnings results on Tuesday, March 29th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $3.43 million during the quarter.
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.
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