Auto Trader Group (OTCMKTS:ATDRY) Short Interest Update

Auto Trader Group (OTCMKTS:ATDRYGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 111,511 shares, a decrease of 93.9% from the May 14th total of 1,818,150 shares. Based on an average trading volume of 3,025,615 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Barclays lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group initiated coverage on shares of Auto Trader Group in a research note on Thursday, June 4th. They issued a “buy” rating on the stock. Finally, Citigroup lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on ATDRY

Auto Trader Group Trading Down 0.7%

Shares of OTCMKTS ATDRY opened at $1.51 on Thursday. The firm’s 50-day moving average is $1.59 and its 200-day moving average is $1.72. Auto Trader Group has a 1 year low of $1.37 and a 1 year high of $2.83. The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.

About Auto Trader Group

(Get Free Report)

Auto Trader Group plc is a digital automotive marketplace operating primarily in the United Kingdom and Ireland. Through its flagship consumer-facing website and mobile applications, the company connects private buyers and sellers with franchised and independent motor dealers. It facilitates the listing of new and used vehicles, offering rich multimedia adverts that include photos, video walk-arounds, and detailed specifications.

In addition to its core marketplace, Auto Trader provides a suite of value-added services for both consumers and dealer partners.

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