Auto Trader Group (OTCMKTS:ATDRY) Short Interest Update

Auto Trader Group (OTCMKTS:ATDRYGet Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 28,479 shares, an increase of 294.0% from the August 15th total of 7,229 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 288,116 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ATDRY shares. The Goldman Sachs Group started coverage on Auto Trader Group in a report on Thursday, June 4th. They set a “buy” rating on the stock. Royal Bank Of Canada reissued a “sector perform” rating on shares of Auto Trader Group in a report on Friday, July 17th. Finally, Jefferies Financial Group upgraded shares of Auto Trader Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Research Report on ATDRY

Auto Trader Group Stock Up 0.6%

Shares of OTCMKTS:ATDRY opened at $1.60 on Friday. Auto Trader Group has a 12-month low of $1.37 and a 12-month high of $2.69. The business has a 50-day moving average price of $1.68 and a 200 day moving average price of $1.62. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66.

Auto Trader Group Company Profile

(Get Free Report)

Auto Trader Group plc operates a digital automotive marketplace serving consumers and automotive retailers in the United Kingdom and Ireland. Its flagship Auto Trader platform enables users to search for, compare and contact sellers about new and used cars, vans and other vehicles.

The company provides automotive retailers with online advertising and inventory management services, including tools to display vehicle listings, manage stock and connect with prospective buyers. Auto Trader also offers vehicle valuation, pricing and market insight products that support purchasing decisions and dealership operations.

Auto Trader traces its origins to the classified vehicle advertising business established in the United Kingdom in the late 1970s.

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