Auto Trader Group plc (OTCMKTS:ATDRY) Sees Significant Growth in Short Interest

Auto Trader Group plc (OTCMKTS:ATDRY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 7,400 shares, an increase of 164.3% from the November 15th total of 2,800 shares. Based on an average daily trading volume, of 436,900 shares, the days-to-cover ratio is presently 0.0 days.

Auto Trader Group Stock Performance

Shares of ATDRY traded up $0.02 during midday trading on Wednesday, hitting $2.61. 150,275 shares of the company’s stock traded hands, compared to its average volume of 203,137. Auto Trader Group has a 1 year low of $2.04 and a 1 year high of $3.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.66. The firm’s fifty day moving average is $2.69 and its 200-day moving average is $2.67.

Auto Trader Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 3rd will be paid a $0.0113 dividend. The ex-dividend date of this dividend 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.