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

Palladyne AI Corp. (NASDAQ:PDYNW) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 28,300 shares, a drop of 22.0% from the December 31st total of 36,300 shares. Based on an average trading volume of 330,500 shares, the short-interest ratio is presently 0.1 days.

Palladyne AI Price Performance

Palladyne AI stock traded up $0.01 during mid-day trading on Friday, hitting $0.57. 67,150 shares of the company’s stock were exchanged, compared to its average volume of 266,427. Palladyne AI has a 1-year low of $0.01 and a 1-year high of $1.69. The business has a 50 day moving average price of $0.43.

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.