Short Interest in Auddia Inc. (NASDAQ:AUUD) Expands By 319.9%

Auddia Inc. (NASDAQ:AUUD) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 231,800 shares, a growth of 319.9% from the March 31st total of 55,200 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is currently 0.1 days. Approximately 40.1% of the company’s shares are short sold.

Auddia Trading Down 4.0 %

NASDAQ:AUUD opened at $1.68 on Friday. The business’s fifty day moving average price is $2.76 and its 200 day moving average price is $4.81. The firm has a market capitalization of $4.02 million, a price-to-earnings ratio of -0.12 and a beta of 0.75. Auddia has a 1-year low of $1.41 and a 1-year high of $38.50.

Auddia Company Profile

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform; and Podcast Hub, a content management system.