Luda Technology Group Limited (NYSEAMERICAN:LUD) Sees Large Growth in Short Interest

Luda Technology Group Limited (NYSEAMERICAN:LUD) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 34,587 shares, an increase of 24.0% from the January 15th total of 27,903 shares. Based on an average daily volume of 44,695 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 44,695 shares, the short-interest ratio is presently 0.8 days.

Luda Technology Group Trading Up 4.6%

Shares of LUD stock traded up $0.30 during trading hours on Wednesday, hitting $6.73. 1,273 shares of the company were exchanged, compared to its average volume of 26,204. The company has a 50 day simple moving average of $7.87 and a two-hundred day simple moving average of $8.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.39 and a current ratio of 1.57. Luda Technology Group has a fifty-two week low of $3.40 and a fifty-two week high of $24.20.

Luda Technology Group Company Profile

Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.