How Will Palladyne AI Corp (NASDAQ: PDYN) Look After It Drops -57.2% From Its Highs?

During the last session, Palladyne AI Corp (NASDAQ:PDYN)’s traded shares were 30.68 million, with the beta value of the company hitting 3.82. At the end of the trading day, the stock’s price was $9.51, reflecting an intraday gain of 12.68% or $1.07. The 52-week high for the PDYN share is $14.95, that puts it down -57.2 from that peak though still a striking 95.27% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $286.37M, and the average intraday trading volume over the past 10 days was 6.44 million shares, and the average trade volume was 8.22 million shares over the past three months.

Palladyne AI Corp (NASDAQ:PDYN) trade information

Palladyne AI Corp (PDYN) registered a 12.68% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 12.68% in intraday trading to $9.51, hitting a weekly high. The stock’s 5-day price performance is 5.20%, and it has moved by 163.43% in 30 days. Based on these gigs, the overall price performance for the year is 1627.52%. The short interest in Palladyne AI Corp (NASDAQ:PDYN) is 0.53 million shares and it means that shorts have 0.34 day(s) to cover.

PDYN Dividends

Palladyne AI Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of Palladyne AI Corp (PDYN) shares are BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio and BlackRock Global Allocation Fund . Data provided on Sep 30, 2024 indicates that BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio owns about 927.71 shares. This amounts to just over 3.08 percent of the company’s overall shares, with a $8.82 million market value. The same data shows that the other fund manager holds slightly less at 620.78, or about 2.06% of the stock, which is worth about $5.9 million.