Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Update

Palladyne AI Corp. (NASDAQ:PDYNW) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 4,453 shares, a growth of 89.0% from the December 15th total of 2,356 shares. Based on an average daily volume of 111,946 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 111,946 shares, the days-to-cover ratio is currently 0.0 days.

Palladyne AI Stock Up 0.9%

NASDAQ PDYNW traded up $0.00 during trading hours on Friday, reaching $0.10. The company’s stock had a trading volume of 18,689 shares, compared to its average volume of 94,517. The firm has a fifty day simple moving average of $0.09 and a 200-day simple moving average of $0.20. Palladyne AI has a 52 week low of $0.05 and a 52 week high of $0.69.

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. 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.