Palladyne AI Corp (NASDAQ: PDYN): How Can A Stock Be Down -22.00% Year To Date, But Still Loser

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Palladyne AI Corp (NASDAQ:PDYN)’s traded shares stood at 3.49 million during the latest session, with the company’s beta value hitting 3.90. At the last check today, the stock’s price was $9.57, to imply an increase of 4.13% or $0.38 in intraday trading. The PDYN share’s 52-week high remains $14.95, putting it -56.22% down since that peak but still an impressive 95.3% since price per share fell to its 52-week low of $0.45. The company has a valuation of $288.17M, with an average of 7.5 million shares in intraday trading volume over the past 10 days and average of 7.87 million shares over the past 3 months.

Palladyne AI Corp (NASDAQ:PDYN) trade information

After registering a 4.13% upside in the latest session, Palladyne AI Corp (PDYN) has traded red over the past five days. The 5-day price performance for the stock is 25.92%, and 175.79% over 30 days. With these gigs, the year-to-date price performance is -22.00%. Short interest in Palladyne AI Corp (NASDAQ:PDYN) saw shorts transact 0.53 million shares and set a 0.34 days time to cover.

PDYN Dividends

Palladyne AI Corp has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Palladyne AI Corp (NASDAQ:PDYN)’s Major holders

We also have BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund as the top two Mutual Funds with the largest holdings of the Palladyne AI Corp (PDYN) shares. Going by data provided on Sep 30, 2024, BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio holds roughly 927.71 shares. This is just over 3.08% of the total shares, with a market valuation of $8.56 million. Data from the same date shows that the other fund manager holds a little less at 620.78, or 2.06% of the shares, all valued at about 5.73 million.