Short Interest in Auto Trader Group plc (OTCMKTS:ATDRY) Increases By 119.7%

Auto Trader Group plc (OTCMKTS:ATDRYGet Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 77,100 shares, a growth of 119.7% from the December 31st total of 35,100 shares. Based on an average daily volume of 404,600 shares, the days-to-cover ratio is currently 0.2 days.

Auto Trader Group Stock Performance

OTCMKTS:ATDRY traded up $0.05 during mid-day trading on Friday, hitting $2.45. 100,474 shares of the stock were exchanged, compared to its average volume of 210,568. The firm’s 50-day simple moving average is $2.48 and its 200 day simple moving average is $2.64. Auto Trader Group has a fifty-two week low of $2.04 and a fifty-two week high of $3.00.

Auto Trader Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 3rd will be issued a dividend of $0.0113 per share. The ex-dividend date of this dividend is Friday, January 3rd.

Auto Trader Group Company Profile

(Get Free Report)

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.

Further Reading

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