Auto Trader Group plc (OTCMKTS:ATDRY) Short Interest Up 395.6% in March

Auto Trader Group plc (OTCMKTS:ATDRY) was the recipient of a large growth in short interest in the month of 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. Based on an average daily volume of 379,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Auto Trader Group to a “strong sell” rating in a report on Tuesday.

Auto Trader Group Stock Up 0.7 %

Shares of ATDRY opened at $2.41 on Friday. Auto Trader Group has a 1 year low of $2.04 and a 1 year high of $3.00. The company has a 50 day simple moving average of $2.42 and a two-hundred day simple moving average of $2.57.

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.