Velodyne Lidar, Inc. (NASDAQ:VLDRW – Get Rating) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 122,300 shares, a drop of 27.2% from the October 31st total of 167,900 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is currently 11.2 days.
Velodyne Lidar Price Performance
Shares of VLDRW opened at $0.40 on Friday. The firm has a 50 day simple moving average of $0.40 and a 200-day simple moving average of $0.46. Velodyne Lidar has a 1-year low of $0.25 and a 1-year high of $1.97.
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