Auto Trader Group plc (OTCMKTS:ATDRY) Sees Significant Increase in Short Interest
by Danessa Lincoln · The Markets DailyAuto Trader Group plc (OTCMKTS:ATDRY – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 77,100 shares, a growth of 119.7% from the December 15th total of 35,100 shares. Based on an average trading volume of 404,600 shares, the days-to-cover ratio is currently 0.2 days.
Auto Trader Group Trading Down 1.5 %
Shares of Auto Trader Group stock opened at $2.33 on Tuesday. Auto Trader Group has a twelve month low of $2.04 and a twelve month high of $3.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.66. The company’s 50 day moving average is $2.52 and its 200 day moving average is $2.66.
Auto Trader Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 3rd will be paid a $0.0113 dividend. The ex-dividend date of this dividend is Friday, January 3rd.
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.
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