Luda Technology Group Limited (NYSEAMERICAN:LUD) Short Interest Up 72.0% in August

Luda Technology Group Limited (NYSEAMERICAN:LUD) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 14,575 shares, an increase of 72.0% from the July 30th total of 8,473 shares. Based on an average daily volume of 11,563 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.1% of the company’s stock are sold short.

Luda Technology Group Stock Performance

Shares of LUD traded down $0.03 during midday trading on Monday, hitting $4.27. The company had a trading volume of 1,251 shares, compared to its average volume of 79,341. Luda Technology Group has a 1 year low of $2.90 and a 1 year high of $24.20. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.43 and a current ratio of 1.63. The company’s 50-day simple moving average is $4.41 and its 200-day simple moving average is $4.89.

About Luda Technology Group

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.