Auto Trader Group (OTCMKTS:ATDRY) Short Interest Up 1,093.8% in December

Auto Trader Group (OTCMKTS:ATDRY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 63,797 shares, a growth of 1,093.8% from the November 30th total of 5,344 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,646,272 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,646,272 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Morgan Stanley restated an “underweight” rating on shares of Auto Trader Group in a research note on Wednesday, September 10th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Auto Trader Group Stock Performance

Shares of ATDRY opened at $1.94 on Thursday. The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $2.24 and a 200-day simple moving average of $2.52. Auto Trader Group has a 52 week low of $1.89 and a 52 week high of $3.10.

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.