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

Palladyne AI Corp. (NASDAQ:PDYNW) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 36,300 shares, an increase of 830.8% from the December 31st total of 3,900 shares. Based on an average trading volume of 311,300 shares, the short-interest ratio is presently 0.1 days.

Palladyne AI Stock Performance

Shares of PDYNW traded down $0.01 during trading hours on Tuesday, reaching $0.59. 88,228 shares of the stock traded hands, compared to its average volume of 299,313. The company’s 50-day simple moving average is $0.41. Palladyne AI has a 52-week low of $0.01 and a 52-week high of $1.69.

About Palladyne AI

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.