Short Interest in Palladyne AI Corp. (NASDAQ:PDYNW) Declines By 62.5%

Palladyne AI Corp. (NASDAQ:PDYNW) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 4,200 shares, a decrease of 62.5% from the September 30th total of 11,200 shares. Based on an average daily volume of 32,400 shares, the days-to-cover ratio is currently 0.1 days.

Palladyne AI Price Performance

PDYNW stock remained flat at $0.05 on Friday. 4,316 shares of the company traded hands, compared to its average volume of 35,887. Palladyne AI has a 1 year low of $0.00 and a 1 year high of $0.27.

Palladyne AI Company Profile

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.