Luda Technology Group Limited (NYSEAMERICAN:LUD) Short Interest Down 74.8% in June

Luda Technology Group Limited (NYSEAMERICAN:LUD) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 13,132 shares, a decline of 74.8% from the June 15th total of 52,103 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 36,189 shares, the short-interest ratio is presently 0.4 days.

Luda Technology Group Stock Performance

Shares of NYSEAMERICAN LUD traded down $0.02 during midday trading on Monday, reaching $4.43. The company’s stock had a trading volume of 3,819 shares, compared to its average volume of 33,797. The company has a quick ratio of 1.43, a current ratio of 1.63 and a debt-to-equity ratio of 0.08. Luda Technology Group has a one year low of $2.90 and a one year high of $24.20. The company has a 50 day moving average price of $5.10 and a 200 day moving average price of $5.74.

Luda Technology Group (NYSEAMERICAN:LUD) last posted its quarterly earnings results on Saturday, May 16th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $8.20 million during the quarter.

Luda Technology Group Company Profile

Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.