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

Palladyne AI Corp. (NASDAQ:PDYNW) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 23,500 shares, a drop of 31.7% from the February 28th total of 34,400 shares. Based on an average daily volume of 251,900 shares, the short-interest ratio is presently 0.1 days.

Palladyne AI Price Performance

Shares of NASDAQ:PDYNW traded down $0.04 during midday trading on Monday, reaching $0.28. 16,799 shares of the company’s stock traded hands, compared to its average volume of 145,353. The company has a fifty day simple moving average of $0.43. Palladyne AI has a 1 year low of $0.02 and a 1 year high of $1.69.

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.