Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 77,483 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 2,906,710 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Wall Street Analyst Weigh In
ATDRY has been the topic of several analyst reports. Citigroup lowered Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group initiated coverage on Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating for the company. Finally, Barclays lowered Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. One 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
View Our Latest Stock Report on Auto Trader Group
Auto Trader Group Trading Up 2.7%
About Auto Trader Group
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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