Auto Trader Group plc (OTCMKTS:ATDRY – Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 77,100 shares, an increase of 119.7% from the December 31st total of 35,100 shares. Based on an average daily trading volume, of 404,600 shares, the days-to-cover ratio is currently 0.2 days.
Auto Trader Group Price Performance
OTCMKTS ATDRY opened at $2.42 on Wednesday. The business has a fifty day moving average of $2.49 and a 200-day moving average of $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 company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be paid a $0.0113 dividend. The ex-dividend date is Friday, January 3rd.
About Auto Trader Group
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.
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