The trading price of Palladyne AI Corp (NASDAQ:PDYN) floating lower at last check on current market day and closing at $7.92, -3.65% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $7.69 and $8.16. In examining the 52-week price action we see that the stock hit a 52-week high of $14.95 and a 52-week low of $1.38. Over the past month, the stock has lost -11.21% in value.
Palladyne AI Corp, whose market valuation is $282.86 million at the time of this writing, is expected to release its quarterly earnings report on 2025-May-07. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest PDYN has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that PDYN’s price is currently -8.75% off the SMA20 and 4.68% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.19, and weekly volatility stands at 6.24%. When measured over the past 30 days, the indicator reaches 10.46%. Palladyne AI Corp (NASDAQ:PDYN)’s beta value is currently sitting at 3.77.
To see how Palladyne AI Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: PDYN stock’s performance was -3.65% at last check in today’s session, and -35.45% in the past year.
An evaluation of the daily trading volume of Palladyne AI Corp (NASDAQ:PDYN) indicates that the 3-month average is 2.08 million. However, this figure has increased over the past 10 days to an average of 2.56.
Currently, records show that 35.71 million of the company’s shares remain outstanding. The insiders hold 32.55% of outstanding shares, whereas institutions hold 12.33%. The stats also highlight that short interest as of 2025-06-13, stood at 3.5 million shares, resulting in a short ratio of 1.08 at that time. From this, we can conclude that short interest is 1112.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were up slightly from the previous month’s figure, which was 2.46 million. However, since the stock’s price has seen 424.50% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.