Auddia Inc. (NASDAQ:AUUD) Sees Significant Growth in Short Interest

Auddia Inc. (NASDAQ:AUUD) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 565,400 shares, a growth of 411.2% from the December 15th total of 110,600 shares. Approximately 72.2% of the company’s shares are short sold. Based on an average trading volume of 456,900 shares, the short-interest ratio is presently 1.2 days.

Auddia Stock Performance

Shares of NASDAQ:AUUD traded up $0.00 during trading on Wednesday, reaching $0.48. 175,791 shares of the company were exchanged, compared to its average volume of 452,388. The business’s fifty day simple moving average is $0.55 and its 200-day simple moving average is $0.78. Auddia has a 12-month low of $0.43 and a 12-month high of $11.75.

Auddia Company Profile

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is faidr, which enables consumers to listen to various AM/FM radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather.