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

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

Auto Trader Group Stock Up 1.3 %

Auto Trader Group stock traded up $0.03 during trading hours on Thursday, hitting $2.35. 244,542 shares of the stock traded hands, compared to its average volume of 167,326. Auto Trader Group has a 1 year low of $2.04 and a 1 year high of $3.00. The firm’s 50 day moving average price is $2.51 and its 200-day moving average price is $2.65.

Auto Trader Group Cuts Dividend

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

Auto Trader Group Company Profile

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.