Auddia Inc. (NASDAQ:AUUD) Short Interest Update

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

Institutional Investors Weigh In On Auddia

Institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC boosted its stake 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 buying an additional 11,511 shares during the period. UBS Group AG boosted its stake in shares of Auddia by 4,981.8% during the 1st quarter. UBS Group AG now owns 33,438 shares of the company’s stock valued at $68,000 after buying an additional 32,780 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Auddia during the 2nd quarter valued at $65,000. United Capital Financial Advisers LLC acquired a new stake in shares of Auddia during the 1st quarter valued at $483,000. Finally, Vanguard Group Inc. boosted its stake in shares of Auddia by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 349,920 shares of the company’s stock valued at $466,000 after buying an additional 9,972 shares during the period.

Auddia Stock Up 5.9 %

Shares of NASDAQ:AUUD opened at $1.96 on Thursday. The firm has a fifty day moving average of $4.18 and a two-hundred day moving average of $5.70. The firm has a market capitalization of $1.57 million, a P/E ratio of -0.14 and a beta of 0.87. Auddia has a 12-month low of $1.77 and a 12-month high of $38.50.

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.