Short Interest in Auto Trader Group plc (OTCMKTS:ATDRY) Expands By 374.3%

Auto Trader Group plc (OTCMKTS:ATDRY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 35,100 shares, an increase of 374.3% from the November 30th total of 7,400 shares. Based on an average trading volume of 312,700 shares, the days-to-cover ratio is currently 0.1 days.

Auto Trader Group Stock Down 0.8 %

ATDRY stock traded down $0.03 on Friday, reaching $2.48. The company’s stock had a trading volume of 233,045 shares, compared to its average volume of 202,433. The business has a fifty day simple moving average of $2.60 and a two-hundred day simple moving average of $2.67. Auto Trader Group has a 12-month low of $2.04 and a 12-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.

Auto Trader Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 3rd will be given a $0.0113 dividend. The ex-dividend date 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.