Palladyne AI Corp. (NASDAQ:PDYNW) Short Interest Update

Palladyne AI Corp. (NASDAQ:PDYNW) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 9,370 shares, a decline of 70.8% from the July 30th total of 32,112 shares. Based on an average daily trading volume, of 79,906 shares, the short-interest ratio is currently 0.1 days.

Palladyne AI Trading Down 3.3%

PDYNW stock traded down $0.00 during mid-day trading on Friday, hitting $0.01. 37,571 shares of the company were exchanged, compared to its average volume of 101,345. The business has a fifty day simple moving average of $0.02 and a 200-day simple moving average of $0.05. Palladyne AI has a 12-month low of $0.00 and a 12-month high of $0.29.

Palladyne AI Company Profile

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. The company’s software platform enables robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming and with minimal robot training.