AB Dynamics plc (OTCMKTS:ABDDF) Sees Large Decrease in Short Interest

by · The Cerbat Gem

AB Dynamics plc (OTCMKTS:ABDDF – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,509 shares, a decline of 67.4% from the July 15th total of 16,909 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AB Dynamics Price Performance

OTCMKTS:ABDDF opened at C$16.18 on Friday. AB Dynamics has a fifty-two week low of C$14.01 and a fifty-two week high of C$16.28. The firm’s 50 day moving average is C$15.37 and its two-hundred day moving average is C$16.30.

AB Dynamics Company Profile

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AB Dynamics plc is a UK‐based engineering company specializing in the design, development and manufacture of advanced test and validation systems for the global automotive industry. The company’s solutions enable vehicle manufacturers, tire makers and technology developers to evaluate vehicle dynamics, active safety features, advanced driver assistance systems (ADAS) and autonomous driving functions under controlled and repeatable conditions.

Key products include robotic driving platforms, which automate steering, braking and throttle control for precise test execution on proving grounds; hardware‐in‐the‐loop and software‐in‐the‐loop simulation tools for early‐stage development; and bespoke test rigs for evaluating suspension, steering and braking performance.

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