Auddia Inc. (NASDAQ:AUUD) Short Interest Up 411.2% in December

Auddia Inc. (NASDAQ:AUUD) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 565,400 shares, a growth of 411.2% from the December 15th total of 110,600 shares. Approximately 72.2% of the company’s stock are short sold. Based on an average trading volume of 456,900 shares, the days-to-cover ratio is presently 1.2 days.

Auddia Stock Down 6.8 %

Shares of Auddia stock traded down $0.04 during trading on Monday, hitting $0.48. 150,853 shares of the stock were exchanged, compared to its average volume of 534,751. The company has a fifty day moving average price of $0.55 and a 200-day moving average price of $0.79. Auddia has a 1-year low of $0.43 and a 1-year high of $11.75.

Auddia Company Profile

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is faidr, which enables consumers to listen to various AM/FM radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather.