Short Interest in Luda Technology Group Limited (NYSEAMERICAN:LUD) Decreases By 74.8%

Luda Technology Group Limited (NYSEAMERICAN:LUD) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 13,132 shares, a decline of 74.8% from the June 15th total of 52,103 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 36,189 shares, the short-interest ratio is currently 0.4 days.

Luda Technology Group Stock Performance

Shares of NYSEAMERICAN:LUD traded down $0.02 during trading on Friday, reaching $4.45. The company had a trading volume of 4,894 shares, compared to its average volume of 33,797. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.63 and a quick ratio of 1.43. Luda Technology Group has a 12 month low of $2.90 and a 12 month high of $24.20. The company has a fifty day moving average of $5.14 and a two-hundred day moving average of $5.76.

Luda Technology Group (NYSEAMERICAN:LUD) last issued its earnings results on Saturday, May 16th. The company reported $0.03 EPS for the quarter. The business had revenue of $8.20 million during the quarter.

Luda Technology Group Company Profile

Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.