Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Up 54.3% in February

Palladyne AI Corp. (NASDAQ:PDYNW) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 34,400 shares, a growth of 54.3% from the February 13th total of 22,300 shares. Based on an average daily volume of 272,900 shares, the short-interest ratio is presently 0.1 days.

Palladyne AI Trading Up 28.6 %

Shares of PDYNW traded up $0.07 during mid-day trading on Friday, hitting $0.32. The company’s stock had a trading volume of 45,301 shares, compared to its average volume of 172,055. The business has a 50-day moving average of $0.49. Palladyne AI has a one year low of $0.02 and a one year high of $1.69.

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.