Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Down 22.0% in January

Palladyne AI Corp. (NASDAQ:PDYNW) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 28,300 shares, a decrease of 22.0% from the December 31st total of 36,300 shares. Based on an average trading volume of 330,500 shares, the days-to-cover ratio is presently 0.1 days.

Palladyne AI Stock Down 3.3 %

NASDAQ:PDYNW opened at $0.56 on Friday. The business has a 50-day simple moving average of $0.42. Palladyne AI has a 1-year low of $0.01 and a 1-year 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.