Auto Trader Group plc (OTCMKTS:ATDRY) Short Interest Up 119.7% in January

Auto Trader Group plc (OTCMKTS:ATDRY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 77,100 shares, an increase of 119.7% from the December 31st total of 35,100 shares. Based on an average daily volume of 404,600 shares, the short-interest ratio is presently 0.2 days.

Auto Trader Group Stock Performance

Shares of OTCMKTS ATDRY traded up $0.05 during midday trading on Friday, reaching $2.45. 100,474 shares of the company were exchanged, compared to its average volume of 210,568. The stock’s 50-day moving average price is $2.48 and its 200-day moving average price is $2.64. Auto Trader Group has a one year low of $2.04 and a one year high of $3.00.

Auto Trader Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be issued a $0.0113 dividend. The ex-dividend date is Friday, January 3rd.

Auto Trader Group Company Profile

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.