Auto Trader Group plc (OTCMKTS:ATDRY – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 28,400 shares, a decline of 71.1% from the September 30th total of 98,300 shares. Based on an average daily volume of 187,300 shares, the days-to-cover ratio is currently 0.2 days.
Auto Trader Group Trading Up 0.7 %
Shares of ATDRY stock traded up $0.02 on Friday, hitting $2.83. 82,558 shares of the stock traded hands, compared to its average volume of 206,871. The firm’s 50-day moving average price is $2.83 and its two-hundred day moving average price is $2.57. The company has a current ratio of 1.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.05. Auto Trader Group has a twelve month low of $1.77 and a twelve month high of $3.00.
Auto Trader Group Increases Dividend
The business also recently announced a dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, August 30th were given a $0.0165 dividend. The ex-dividend date was Friday, August 30th. This is a boost from Auto Trader Group’s previous dividend of $0.01.
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.
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