Palladyne AI Corp. (NASDAQ:PDYNW) Sees Large Decrease in Short Interest

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

Palladyne AI Price Performance

Shares of PDYNW traded up $0.00 during midday trading on Tuesday, reaching $0.00. 1,048,912 shares of the stock were exchanged, compared to its average volume of 111,045. Palladyne AI has a 52 week low of $0.00 and a 52 week high of $0.29. The company’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.04.

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.