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

Luda Technology Group Limited (NYSEAMERICAN:LUDGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 14,575 shares, a growth of 72.0% from the July 30th total of 8,473 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 11,563 shares, the short-interest ratio is currently 1.3 days.

Luda Technology Group Price Performance

Shares of Luda Technology Group stock traded up $0.04 during trading on Tuesday, hitting $4.30. The company’s stock had a trading volume of 2,552 shares, compared to its average volume of 78,880. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.43 and a current ratio of 1.63. Luda Technology Group has a 52 week low of $2.90 and a 52 week high of $24.20. The stock has a 50-day moving average price of $4.39 and a two-hundred day moving average price of $4.88.

Luda Technology Group Company Profile

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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.

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