Auddia Inc. (NASDAQ:AUUD) Short Interest Up 6.7% in October

Auddia Inc. (NASDAQ:AUUD) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 169,200 shares, an increase of 6.7% from the October 15th total of 158,600 shares. Based on an average daily volume of 2,440,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 21.6% of the shares of the company are short sold.

Auddia Stock Down 9.7 %

Shares of AUUD traded down $0.05 during midday trading on Friday, reaching $0.51. 136,234 shares of the stock were exchanged, compared to its average volume of 116,395. Auddia has a twelve month low of $0.48 and a twelve month high of $11.75. The business’s 50-day moving average price is $0.66 and its 200 day moving average price is $1.01.

Auddia Company Profile

Auddia Inc, a technology company, develops AI Platform for the audio and podcast markets. The company's flagship product is faidr, which enables consumers to listen to various AM/FM radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather.