Auto Trader Group plc (OTCMKTS:ATDRY) Sees Large Growth in Short Interest

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

Auto Trader Group Stock Performance

Shares of ATDRY stock traded down $0.05 during midday trading on Friday, reaching $2.46. 162,719 shares of the stock were exchanged, compared to its average volume of 202,311. Auto Trader Group has a 1 year low of $2.04 and a 1 year high of $3.00. The company has a quick ratio of 1.62, a current ratio of 1.66 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $2.61 and its two-hundred day moving average is $2.67.

Auto Trader Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be issued 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.