Luda Technology Group Limited (NYSEAMERICAN:LUD) Sees Large Growth in Short Interest

Luda Technology Group Limited (NYSEAMERICAN:LUD) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 52,103 shares, a growth of 136.3% from the May 31st total of 22,050 shares. Based on an average trading volume of 247,587 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Luda Technology Group Stock Performance

LUD stock traded up $0.15 during mid-day trading on Wednesday, reaching $4.59. The company had a trading volume of 673 shares, compared to its average volume of 102,105. The company has a quick ratio of 1.43, a current ratio of 1.63 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $5.28 and a two-hundred day simple moving average of $6.01. Luda Technology Group has a 52 week low of $2.90 and a 52 week high of $24.20.

Luda Technology Group (NYSEAMERICAN:LUD) last announced its quarterly earnings data on Saturday, May 16th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $8.20 million for the quarter.

Luda Technology Group Company Profile

Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.

Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.