Short Interest in Palladyne AI Corp. (NASDAQ:PDYNW) Expands By 31.0%

Palladyne AI Corp. (NASDAQ:PDYNW) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 22,000 shares, agrowthof31.0% from the July 15th total of 16,800 shares. Based on an average daily trading volume, of 100,900 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 100,900 shares, the short-interest ratio is presently 0.2 days.

Palladyne AI Stock Performance

NASDAQ PDYNW opened at $0.2263 on Friday. Palladyne AI has a twelve month low of $0.02 and a twelve month high of $1.69. The stock has a fifty day simple moving average of $0.35 and a 200 day simple moving average of $0.33.

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.