Short Interest in AB Dynamics plc (OTCMKTS:ABDDF) Expands By 255.5%

AB Dynamics plc (OTCMKTS:ABDDFGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 19,587 shares, a growth of 255.5% from the June 15th total of 5,509 shares. Based on an average daily trading volume, of 6,921 shares, the days-to-cover ratio is presently 2.8 days.

AB Dynamics Stock Performance

Shares of OTCMKTS ABDDF opened at C$14.01 on Monday. AB Dynamics has a 12-month low of C$14.01 and a 12-month high of C$19.64. The firm’s 50-day simple moving average is C$15.68 and its 200 day simple moving average is C$16.41.

AB Dynamics Company Profile

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AB Dynamics plc is a UK‐based engineering company specializing in the design, development and manufacture of advanced test and validation systems for the global automotive industry. The company’s solutions enable vehicle manufacturers, tire makers and technology developers to evaluate vehicle dynamics, active safety features, advanced driver assistance systems (ADAS) and autonomous driving functions under controlled and repeatable conditions.

Key products include robotic driving platforms, which automate steering, braking and throttle control for precise test execution on proving grounds; hardware‐in‐the‐loop and software‐in‐the‐loop simulation tools for early‐stage development; and bespoke test rigs for evaluating suspension, steering and braking performance.

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