Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Up 57.2% in February

Palladyne AI Corp. (NASDAQ:PDYNW) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 34,940 shares, a growth of 57.2% from the January 29th total of 22,223 shares. Based on an average daily volume of 110,955 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 110,955 shares, the short-interest ratio is currently 0.3 days.

Palladyne AI Stock Performance

Shares of Palladyne AI stock opened at $0.07 on Friday. The firm’s 50-day simple moving average is $0.09 and its 200-day simple moving average is $0.15. Palladyne AI has a 1 year low of $0.05 and a 1 year high of $0.60.

Palladyne AI Company Profile

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. The company’s software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training.