Palladyne AI Corp (NASDAQ:PDYN) has a beta value of 3.73 and has seen 12.55 million shares traded in the recent trading session. The company, currently valued at $346.65M, closed the recent trade at $5.01 per share which meant it gained $0.41 on the day or 8.80% during that session. The PDYN stock price is -0.8% off its 52-week high price of $5.05 and 91.02% above the 52-week low of $0.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.49 million shares traded. The 3-month trading volume is 2.11 million shares.
Palladyne AI Corp (NASDAQ:PDYN) trade information
Sporting 8.80% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PDYN stock price touched $5.01 or saw a rise of 14.36%. Year-to-date, Palladyne AI Corp shares have moved 593.89%, while the 5-day performance has seen it change 181.18%. Over the past 30 days, the shares of Palladyne AI Corp (NASDAQ:PDYN) have changed 123.44%. Short interest in the company has seen 0.53 million shares shorted with days to cover at 0.34.
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PDYN Dividends
Palladyne AI Corp is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Palladyne AI Corp (NASDAQ:PDYN)’s Major holders
Also the top two Mutual Funds that are holding company’s shares are BlackRock Master Total Return Portfolio of Master Bond LLC and Vanguard Total Stock Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 1.54% shares in the company for having 464.02 shares of worth $2.22 million while later fund manager owns 406.37 shares of worth $1.94 million as of Jun 30, 2024, which makes it owner of about 1.35% of company’s outstanding stock.