Auddia Inc. (NASDAQ:AUUD) Short Interest Up 319.9% in April

Auddia Inc. (NASDAQ:AUUD) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 231,800 shares, an increase of 319.9% from the March 31st total of 55,200 shares. Approximately 40.1% of the company’s stock are short sold. Based on an average daily volume of 3,000,000 shares, the days-to-cover ratio is presently 0.1 days.

Auddia Stock Performance

NASDAQ:AUUD traded down $0.07 during trading on Thursday, reaching $1.68. The company’s stock had a trading volume of 154,317 shares, compared to its average volume of 2,440,132. Auddia has a 12 month low of $1.41 and a 12 month high of $38.50. The firm has a market cap of $4.02 million, a price-to-earnings ratio of -0.12 and a beta of 0.75. The firm has a 50 day moving average of $2.76 and a 200-day moving average of $4.81.

About Auddia

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is Faidr, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform; and Podcast Hub, a content management system.