Auto Trader Group plc (OTCMKTS:ATDRY) Sees Significant Growth in Short Interest

Auto Trader Group plc (OTCMKTS:ATDRY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 129,600 shares, an increase of 33.3% from the January 15th total of 97,200 shares. Based on an average daily volume of 412,300 shares, the days-to-cover ratio is presently 0.3 days.

Auto Trader Group Stock Down 1.2 %

OTCMKTS ATDRY opened at $2.41 on Friday. Auto Trader Group has a 1-year low of $2.04 and a 1-year high of $3.00. The business’s 50-day simple moving average is $2.44 and its 200-day simple moving average is $2.63.

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.