Luda Technology Group Limited (NYSEAMERICAN:LUD) Sees Significant Growth in Short Interest

Luda Technology Group Limited (NYSEAMERICAN:LUD) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 35,675 shares, a growth of 23.8% from the March 15th total of 28,811 shares. Based on an average daily trading volume, of 227,010 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Luda Technology Group Trading Up 6.5%

NYSEAMERICAN:LUD traded up $0.29 during mid-day trading on Friday, hitting $4.74. 55,125 shares of the company’s stock traded hands, compared to its average volume of 226,116. The company has a fifty day moving average of $5.03 and a 200 day moving average of $7.34. Luda Technology Group has a twelve month low of $2.90 and a twelve month high of $24.20.

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.