Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Down 44.7% in August

Palladyne AI Corp. (NASDAQ:PDYNW) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 5,181 shares, a drop of 44.7% from the August 15th total of 9,370 shares. Based on an average trading volume of 161,904 shares, the short-interest ratio is currently 0.0 days.

Palladyne AI Stock Performance

Shares of NASDAQ:PDYNW traded up $0.00 during midday trading on Thursday, hitting $0.01. 226,579 shares of the stock traded hands, compared to its average volume of 118,607. The business’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.04. Palladyne AI has a one year low of $0.00 and a one year high of $0.29.

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.