Nauticus Robotics, Inc. (NASDAQ:KITTW) Short Interest Down 99.9% in August

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 14 shares, a decrease of 99.9% from the July 30th total of 15,052 shares. Based on an average daily volume of 91,655 shares, the days-to-cover ratio is presently 0.0 days.

Nauticus Robotics Stock Down 13.1%

Shares of NASDAQ KITTW traded down $0.00 during midday trading on Tuesday, hitting $0.01. The stock had a trading volume of 31,462 shares, compared to its average volume of 81,294. Nauticus Robotics has a fifty-two week low of $0.01 and a fifty-two week high of $0.15. The company’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.04.

About Nauticus Robotics

Nauticus Robotics, Inc is a marine technology company focused on the development and deployment of autonomous and remotely operated underwater vehicles. The company’s mission centers on transforming offshore operations through robotics-as-a-service, reducing reliance on traditional vessels and divers for subsea inspection, maintenance and repair. By leveraging advanced engineering, artificial intelligence and proprietary control software, Nauticus delivers scalable solutions that improve safety, efficiency and environmental stewardship in offshore energy, defense and scientific research applications.

The company’s flagship platforms include the Aquanaut autonomous hybrid vehicle and the Hydro-Mapper autonomous surface vessel.