Short Interest in Palladyne AI Corp. (NASDAQ:PDYNW) Rises By 54.3%

Palladyne AI Corp. (NASDAQ:PDYNW) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 34,400 shares, an increase of 54.3% from the February 13th total of 22,300 shares. Based on an average daily volume of 272,900 shares, the short-interest ratio is presently 0.1 days.

Palladyne AI Trading Up 8.4 %

Shares of NASDAQ PDYNW traded up $0.03 during trading on Monday, reaching $0.35. The company had a trading volume of 29,715 shares, compared to its average volume of 169,174. The company has a fifty day simple moving average of $0.49. Palladyne AI has a 12 month low of $0.02 and a 12 month high of $1.69.

About Palladyne AI

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.