Auto Trader Group plc (OTCMKTS:ATDRY) Short Interest Up 119.7% in January

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

Auto Trader Group Stock Performance

Shares of Auto Trader Group stock opened at $2.42 on Wednesday. Auto Trader Group has a 12 month low of $2.04 and a 12 month high of $3.00. The business has a 50-day moving average of $2.49 and a 200 day moving average of $2.64.

Auto Trader Group Cuts Dividend

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

About Auto Trader Group

(Get Free Report)

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.

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