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

Palladyne AI Corp. (NASDAQ:PDYNW) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 5,181 shares, a decline of 44.7% from the August 15th total of 9,370 shares. Based on an average daily volume of 161,904 shares, the days-to-cover ratio is presently 0.0 days.

Palladyne AI Price Performance

Shares of NASDAQ PDYNW traded down $0.00 during midday trading on Wednesday, reaching $0.00. 1,321,725 shares of the company’s stock traded hands, compared to its average volume of 117,993. The stock’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.04. Palladyne AI has a one year low of $0.00 and a one year high of $0.29.

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. 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.