Short Interest in Auto Trader Group plc (OTCMKTS:ATDRY) Drops By 14.6%

Auto Trader Group plc (OTCMKTS:ATDRY) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 98,300 shares, a decline of 14.6% from the September 15th total of 115,100 shares. Based on an average trading volume of 164,700 shares, the short-interest ratio is presently 0.6 days.

Auto Trader Group Price Performance

Auto Trader Group stock opened at $2.82 on Monday. The stock has a 50-day moving average price of $2.78 and a two-hundred day moving average price of $2.54. Auto Trader Group has a 12 month low of $1.76 and a 12 month high of $3.00. The company has a current ratio of 1.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05.

Auto Trader Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 11th. Investors of record on Friday, August 30th were paid a $0.0165 dividend. This is a boost from Auto Trader Group’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, August 30th.

About Auto Trader Group

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.