Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Up 57.2% in February

Palladyne AI Corp. (NASDAQ:PDYNW) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 34,940 shares, an increase of 57.2% from the January 29th total of 22,223 shares. Based on an average daily trading volume, of 110,955 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 110,955 shares, the days-to-cover ratio is presently 0.3 days.

Palladyne AI Price Performance

Shares of NASDAQ:PDYNW opened at $0.07 on Friday. The firm has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.15. Palladyne AI has a 12-month low of $0.05 and a 12-month high of $0.60.

About Palladyne AI

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. The company’s software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training.