Auddia Inc. (NASDAQ:AUUD) Short Interest Update

Auddia Inc. (NASDAQ:AUUD) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 125,800 shares, an increase of 444.6% from the February 29th total of 23,100 shares. Based on an average daily volume of 348,600 shares, the days-to-cover ratio is currently 0.4 days. Approximately 21.6% of the company’s shares are short sold.

Auddia Stock Down 1.0 %

Shares of NASDAQ:AUUD opened at $1.94 on Friday. The company has a 50 day moving average price of $4.09 and a two-hundred day moving average price of $5.68. Auddia has a 52 week low of $1.77 and a 52 week high of $38.50.

Institutional Trading of Auddia

A number of large investors have recently made changes to their positions in AUUD. United Capital Financial Advisers LLC bought a new position in Auddia during the first quarter worth about $483,000. Renaissance Technologies LLC bought a new stake in shares of Auddia in the second quarter worth about $65,000. UBS Group AG raised its position in shares of Auddia by 4,981.8% during the first quarter. UBS Group AG now owns 33,438 shares of the company’s stock worth $68,000 after purchasing an additional 32,780 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Auddia by 103.8% during the 3rd quarter. Citadel Advisors LLC now owns 22,605 shares of the company’s stock valued at $30,000 after purchasing an additional 11,511 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Auddia by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 349,920 shares of the company’s stock valued at $466,000 after purchasing an additional 9,972 shares during the period.

About Auddia

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.