Auto Trader Group plc (OTCMKTS:ATDRY) Short Interest Up 119.7% in January

Auto Trader Group plc (OTCMKTS:ATDRY - Get Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 77,100 shares, an increase of 119.7% from the December 31st total of 35,100 shares. Based on an average daily trading volume, of 404,600 shares, the days-to-cover ratio is currently 0.2 days.

Auto Trader Group Stock Down 2.4 %

OTCMKTS:ATDRY traded down $0.06 during mid-day trading on Friday, reaching $2.40. The company's stock had a trading volume of 166,598 shares, compared to its average volume of 210,568. Auto Trader Group has a twelve month low of $2.04 and a twelve month high of $3.00. The company's fifty day simple moving average is $2.48 and its two-hundred day simple moving average is $2.64.

Auto Trader Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.0113 per share. The ex-dividend date is Friday, January 3rd.

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.