Short Interest in Auto Trader Group plc (OTCMKTS:ATDRY) Drops By 94.4%

Auto Trader Group plc (OTCMKTS:ATDRY) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 2,800 shares, a drop of 94.4% from the October 31st total of 49,900 shares. Based on an average daily trading volume, of 313,600 shares, the days-to-cover ratio is currently 0.0 days.

Auto Trader Group Stock Up 2.4 %

ATDRY traded up $0.06 on Wednesday, reaching $2.60. The stock had a trading volume of 103,946 shares, compared to its average volume of 204,558. The business’s 50-day moving average price is $2.75 and its two-hundred day moving average price is $2.65. Auto Trader Group has a 12-month low of $2.04 and a 12-month high of $3.00. The company has a quick ratio of 1.62, a current ratio of 1.66 and a debt-to-equity ratio of 0.05.

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.