Auddia Inc. (NASDAQ:AUUD) Short Interest Update

Auddia Inc. (NASDAQ:AUUD) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 55,200 shares, a decrease of 56.1% from the March 15th total of 125,800 shares. Based on an average daily volume of 2,890,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 9.5% of the shares of the stock are sold short.

Auddia Stock Performance

NASDAQ AUUD traded down $0.22 during trading hours on Friday, reaching $2.06. The company’s stock had a trading volume of 297,228 shares, compared to its average volume of 8,550,597. Auddia has a 1-year low of $1.41 and a 1-year high of $38.50. The company’s 50-day moving average is $3.36 and its two-hundred day moving average is $5.19.

Hedge Funds Weigh In On Auddia

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Auddia by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 349,920 shares of the company’s stock worth $466,000 after purchasing an additional 9,972 shares during the period. United Capital Financial Advisers LLC purchased a new stake in Auddia during the 1st quarter worth approximately $483,000. Renaissance Technologies LLC purchased a new stake in Auddia during the 2nd quarter worth approximately $65,000. UBS Group AG increased its stake in Auddia by 4,981.8% during the 1st quarter. UBS Group AG now owns 33,438 shares of the company’s stock worth $68,000 after buying an additional 32,780 shares in the last quarter. Finally, Citadel Advisors LLC increased its stake in Auddia by 103.8% during the 3rd quarter. Citadel Advisors LLC now owns 22,605 shares of the company’s stock worth $30,000 after buying an additional 11,511 shares in the last quarter.

Auddia Company Profile

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform; and Podcast Hub, a content management system.