Auddia Inc. (NASDAQ:AUUD – Get Rating) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 250,500 shares, a growth of 40.3% from the March 15th total of 178,500 shares. Currently, 2.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 190,800 shares, the short-interest ratio is currently 1.3 days.
Separately, Maxim Group initiated coverage on Auddia in a research report on Friday, February 18th. They set a “buy” rating and a $5.00 target price on the stock.
Shares of NASDAQ:AUUD opened at $2.02 on Friday. Auddia has a 1 year low of $1.44 and a 1 year high of $9.30. The business’s 50 day moving average price is $1.87 and its 200-day moving average price is $2.03.
Auddia Company Profile (Get Rating)
Auddia Inc, a technology company, develops software products for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform and application; and Vodcast Hub, a content management system.
- Get a free copy of the StockNews.com research report on Auddia (AUUD)
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