Nauticus Robotics, Inc. (NASDAQ:KITTW) Sees Large Drop in Short Interest

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 42,700 shares, a decline of 8.8% from the December 31st total of 46,800 shares. Based on an average trading volume of 324,100 shares, the days-to-cover ratio is presently 0.1 days.

Nauticus Robotics Price Performance

Shares of KITTW stock traded up $0.02 during trading hours on Friday, reaching $0.08. 516,793 shares of the company were exchanged, compared to its average volume of 782,195. Nauticus Robotics has a fifty-two week low of $0.01 and a fifty-two week high of $0.27. The stock’s fifty day moving average is $0.06 and its two-hundred day moving average is $0.03.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.