AB Dynamics plc (OTCMKTS:ABDDF) Stock Short Interest Rises 40,998.9%

AB Dynamics plc (OTCMKTS:ABDDF) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 39,044 shares, an increase of 40,998.9% from the October 15th total of 95 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AB Dynamics Price Performance

AB Dynamics stock remained flat at C$16.18 during midday trading on Tuesday. 25,520 shares of the company’s stock were exchanged. AB Dynamics has a 52-week low of C$14.01 and a 52-week high of C$16.28. The stock has a fifty day moving average price of C$16.18 and a two-hundred day moving average price of C$16.29.

AB Dynamics Company Profile

AB Dynamics plc is a UK-based engineering company that develops and supplies testing equipment and software for the automotive industry. Its products help manufacturers, suppliers and research organizations evaluate vehicle performance and develop driver-assistance and autonomous-driving technologies. The company’s offerings include driving robots that control vehicle functions during tests, ADAS testing equipment and targets, vehicle-dynamics measurement systems, and driving simulators. Its simulation business includes rFpro, whose software supports virtual vehicle development and testing.