LeddarTech Holdings Inc. (NASDAQ:LDTC) Short Interest Update

LeddarTech Holdings Inc. (NASDAQ:LDTCGet Free Report) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 253,600 shares, a decrease of 22.3% from the February 13th total of 326,300 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average trading volume of 7,670,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of LeddarTech

Several large investors have recently modified their holdings of LDTC. Walleye Trading LLC bought a new stake in LeddarTech during the third quarter worth about $29,000. Jane Street Group LLC acquired a new position in LeddarTech during the fourth quarter valued at approximately $66,000. Finally, Clear Street Derivatives LLC bought a new stake in LeddarTech during the third quarter worth $85,000. 9.62% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Roth Mkm boosted their target price on LeddarTech from $1.00 to $3.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th.

Check Out Our Latest Report on LDTC

LeddarTech Trading Down 0.4 %

Shares of NASDAQ:LDTC traded down $0.00 on Wednesday, hitting $0.58. The company had a trading volume of 35,701 shares, compared to its average volume of 2,077,089. The stock has a 50 day moving average price of $0.84 and a 200 day moving average price of $0.65. The stock has a market cap of $16.63 million, a price-to-earnings ratio of -0.18 and a beta of -1.65. LeddarTech has a 1-year low of $0.22 and a 1-year high of $3.87.

LeddarTech (NASDAQ:LDTCGet Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.17). Sell-side analysts anticipate that LeddarTech will post -1.01 earnings per share for the current fiscal year.

About LeddarTech

(Get Free Report)

LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.

Further Reading

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