Auto Trader Group plc (OTCMKTS:ATDRY – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 56,500 shares, a growth of 395.6% from the February 28th total of 11,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 379,800 shares, the short-interest ratio is currently 0.1 days.
Auto Trader Group Stock Down 1.2 %
Shares of Auto Trader Group stock opened at $2.39 on Friday. Auto Trader Group has a 12-month low of $2.04 and a 12-month high of $3.00. The stock has a 50 day moving average price of $2.42 and a two-hundred day moving average price of $2.58.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Auto Trader Group to a “strong sell” rating in a research report on Tuesday.
Auto Trader Group Company Profile
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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