Short Interest in Auddia Inc. (NASDAQ:AUUD) Expands By 319.9%

Auddia Inc. (NASDAQ:AUUD) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 231,800 shares, an increase of 319.9% from the March 31st total of 55,200 shares. Based on an average trading volume of 3,000,000 shares, the short-interest ratio is presently 0.1 days. Approximately 40.1% of the company’s shares are sold short.

Auddia Stock Performance

Shares of AUUD stock traded up $0.09 during mid-day trading on Friday, hitting $1.77. The company’s stock had a trading volume of 126,677 shares, compared to its average volume of 8,603,458. The company’s fifty day simple moving average is $2.69 and its 200-day simple moving average is $4.78. Auddia has a 52 week low of $1.41 and a 52 week high of $38.50.

About Auddia

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform; and Podcast Hub, a content management system.